^ It'll be curious to see what the market will bear... I, like others, do believe that there's been a lack of new product in central areas in this city for some time, now with Pearl, Corner 1, Ultima, Fox 1, and perhaps one or two more happening very soon it appears that the market is finally reacting, as we really didn't even see this type of activity or quality of product in the last boom cycle.
I found out the other day that one of our contractors pre-purchased three units in Ultima as investment properties. I am curious to see what the ratio is of owner occupants vs. inverstors are buying in.
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Short term pain for long term gain
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