Submitted by donnie_trampovic t3_10nxhx4 in jerseycity
pixel_of_moral_decay t1_j6fdf5l wrote
Buildings sell in waves. What you’re seeing is likely a new wave of units put up for sale.
How large a wave is depends on market environment. They don’t want to flood the market.
And there’s still a lot of delays on things like appliances, so doing this might also be impacted by units that don’t have fully fleshed out kitchens.
And no buyer of new units will buy without knowing the max # they can sell at once. That heavily impacts the value of your unit and if it would even be possible to sell. You may not get a mortgage either if the number is too high since the lender could be stuck with it. Or take a heavy loss.
donnie_trampovic OP t1_j6gdoz9 wrote
Thanks for the detailed writeup. Much appreciated.
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