2 Responses to “The bubble bursts in the Triangle”

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  1. mediocre bad guy

    MLB… remember that comment you left on my post about developers? Looks like they didn’t take your advice.

  2. fourthandeye

    FWIW – I’ve visited unit 207 that had the sizeable price reduction. It has a terrible view and enormous condos fees ($650/mo). The eye level view is of some exhaust vents and the ramp to the garage. In this market it wasn’t going to sell for high 400s. I could be naive but I don’t think selling one 2BR Beethoven unit that has an awful spot in the building is going to have a big effect on the equity of every other 2BR unit.