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News Article

6/30/2014 - Occupancy Stats - Midyear 2014

Condo owner occupancy dropped to a new low of 26% from a high of 55% in 2008 while townhome owner occupancy seems to be stabilizing at 50%.

 

Clearly these are not the numbers one would expect in a traditional residential community and there is no way I can think of to spin this into a good story for those who originally bought here in 2007 and 2008. For them (us/me) it has been a financial disaster.

As for actually living here, the community continues to be a safe, clean, well maintained, and affordable place to live and that's where I think we need to be putting all of our effort to make sure it stays that way.


Peter Schulz - Editor - Email TCM

 
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