Condominiums can still be a good way to get into the houseing market and start home ownership.

All buyers are different and so are their personal preferences and needs.  Remember that your buyers may not be able to afford to buy a house, particularly if they are first time homebuyers.  Do they want to spend time doing maintenance and yard work?  Perhaps not.  In some areas condominiums have held their value.  This is your job as a realtor to assess wisely.  You need to be able to advise your buyers as to the investment potential in your market area.

Carole Lhuillier
Keller Williams Realty

 
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5 Comments on CONDOS ARE STILL A GOOD WAY TO GET INTO HOUSING MARKET

AUG
11
2008
215,014 Points Outside Blog

Condos depreciate more and faster in my area, than small homes.  The monthly fee really has increased and the expense of it makes the prices drop even more.

1:05pm • #1
120,112 Points Outside Blog

I agree Carol. The first place I purchased was a condo and the value shot up and it was affordable.

1:10pm • #2
Localism Sponsor Hit Router

Hi Carole, condos are definitely a great option in Brevard County Florida!  They are affordable and offer a great value, especially along the beach.

1:41pm • #4

I agree, here in Hawaii they are often the first time buyers best move.

3:02pm • #5

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Carole Lhuillier - Our Home Team - Keller Williams Realty

Atlanta, GA

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KW Offices in Metro Atlanta and Tampa Bay

Address: 2345 Peachtree Road, Atlanta, GA, 30305

Office Phone: (404) 604-3912

Cell Phone: (404) 386-3465

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Our Home Team is interested in building our real estate business and working with other realtors to help them do the same. We truly embrace the "Team Concept" which is the reason we joined Keller Williams Realty.


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