I toured the remaining inventory last week and they were nicely done. While my personal preference favors Canal Station over NoMa, most of the people on tour with me gave NoMa the thumbs up for better quality finishes and materials.

True, the market had allowed the developer to fluctuate prices during the course of development. The fact remains though, after having unsold units languish on market for more than 2 years, regardless of market conditions in the interim, the net price drops were negligible. My comments were in reference to the “Closeout Pricing” tag in the ad, among other inaccuracies.

It is common, especially in a strong market, that you see prices increase in a condo project as homes sell. Simple supply and demand.

Currently, NoMa represents the best opportunity in Ballard. The developers goal is to sell these last 7 homes by the end of the year. If your willing to submit an offer, the seller is willing to negotiate.

If anyone wants to know why NoMa had a construction delay, I would be happy to elaborate. Just call me at 206.903.0441. FYI, it had to do more with the developer more focused on quality, rather then timing the completion in the hot market. Building a quality building, using quality sub-contractors, was more important at the time than sacrificing that quality simply for the bottom line.

We also were very strict on our investment cap as well, unlike some of the other communities, that have had to compete with numerous resales resulting in their desire to sell as many units as possible, regardless of the problems caused down the road. For that reason, we still have investment opportunities as well.

We will put our money where our mouth is. 2 bedroom plus dens starting at $389,990 with a $20,000 buyer bonus. MLS listing # 28160825, and Real Estate Show flyer http://www.realestateshows.com/flyer.php?id=341064