One of the hardest hit housing markets during these past few years have been Condo sales. What once was one of the strongest market performers fizzled into real estate scorn.
While Condo sales remain flat in some areas of the nation such as Chicago and Las Vegas, It appears there just may be signs of life in certain segments of the Condo market across the nation. A number of cities within States that are known for their Condo market have seen an uptick in the sales statistics such as:
Florida
California
Hawaii
Much of the appeal of Condos was driven by both a simplified lifestyle as well as ability to live within desireable areas of a city either for views or location.
The Condo market took an especially hard beating over the last few years which caused in many cases, a larger depreciation than what was experienced by their single family home counterparts. These lower prices are now evidently attracting cost conscious home buyers to take a harder look at this particular segment of the real estate market.
My question is, what is happening to the Condo market within your city?
ABOUT TARRIS ROGERS: I'm just a guy who loves living in Bend, Oregon and have lived here in Central Oregon for nearly my whole life. My job as your Realtor is to make sure you're happy with what you buy or sell. I could give you all my credentials but in the end...who cares. I specialize in Short Sales, Foreclosures and Out of Area buyers. I'll make sure you get great service, I promise! If you're an out of town Buyer, you'll especially love me. Please ask me why. ☺
Bend Oregon Real Estate - (Mr Rogers, Your Neighborhood Specialist)
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Unless you love yardwork and maintenace, Condos Rule!