Condos are not just inexpensive alternatives to single family homes

Condos are not just inexpensive alternatives to single family home or a retirement option for boomers. Today's condo market is filled with lots of options. From ultra-luxury high-rise penthouses to city lofts for young professionals and even shipboard residences.

At the top of the line you might find a doorman, conceierge service, boat dockage, 24-hour monitoed security, security staff, maid service, luxury spas, pools, tennis courts, fiitness centers, marble floors, wireless internet and movie theaters.

Of course, a condo doesn't have to be new or luxurious to be desireable. Developers and investors recognize the need for affordable housing alternatives are turning rental stock into for-sale condominiums. This market is very strong currently.