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Rainmaker
3,240,122
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Lifestyle.  Price.  Location.   Value.   

 

Oct 13, 2015 11:21 PM
Rainmaker
1,277,667
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

All of those mentioned.  I am currently looking for a condo to downsize and have the freedom to travel, without worrying about issues of managing exterior maintenance,  I am also looking for a "community" atmosphere.

Oct 14, 2015 01:31 AM
Ambassador
1,491,047
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Many purchase for their college age kids here.  Many seniors like the security and no maintenance of a condo.

Oct 14, 2015 12:57 AM
Rainmaker
3,049,871
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

They don't!

Oct 13, 2015 11:46 PM
Rainmaker
4,868,643
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Seniors who are down-sizing want minimal upkeep....none outside..... and a condo is the right choice for them.... especially new townhomes with demising walls that have sound deadening material.... it's a good option...

Oct 13, 2015 11:38 PM
Rainmaker
1,648,677
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

25%

Oct 13, 2015 11:00 PM
Rainmaker
2,894,218
Richard Weeks
Dallas, TX
REALTOR®, Broker

Less maintenance and some just like that life style.

Oct 13, 2015 10:11 PM
Rainmaker
2,655,894
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Many prefer for lower maintenance, esp snow, lawn, leaves, driveway.  Many for nicer amenities (e.g. pool, gym), many for location (close to train station or downtown).  Many prefer over condos as they tend to have higher values and sell faster.  Many use as starter homes and then rent out after they get married and have kids; many use after downsizing.  Many do it for budget reasons - some are less expensive and lower taxes.  (some are more expensive, so it depends.

Oct 14, 2015 02:27 AM
Rainmaker
2,941,290
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

There is no shortage of buyers here looking for the carefree and maintenance free life style of condos here. It could be a 1/3 of my market

Oct 13, 2015 10:19 PM
Rainmaker
743,252
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

They want to spend July and August in Maine, Sep and Oct in Utah, Nov and Dec in New York. And take a Royal Caribbean Cruise anytime the spirit moves them. 

Oct 13, 2015 10:14 PM
Ambassador
4,055,344
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I dont think that they do.

Nov 04, 2018 08:50 PM
Rainmaker
519,168
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Spencer,
Whether condos are a good choice varies all over the country. Not many of my clients’ choose one when they have the facts.

Nov 07, 2015 05:54 AM
Rainer
61,738
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

My first time buyer under 30 want a condo or a town home.  They are just not ready the expense of a house & yard.  

Oct 15, 2015 10:55 AM
Rainmaker
534,200
Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
RE/MAX Valencia, Stevenson Ranch, Santa Clarita

I don't find many people that prefer condos or town homes.  It is most often economics that determine whether they will be purchasing a condo or town home rather than a single family detached home.  The people that specifically want a condo or town home are usually those with jobs that require them to be away from home for much of the month.  These are few and far between in my experience.

Oct 14, 2015 06:08 AM
Rainmaker
698,797
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Because we are a second home market.

Oct 14, 2015 05:15 AM
Rainmaker
350,943
Jill Murty, Realtor - Orange County, CA
PREA Realty - Laguna Niguel, CA

My clients who prefer a condo usually lean that way due to lower maintenance effort required by the homeowner.  Sometimes it's the cost vs. a single family home, though HOA dues must be considered in the overall financial picture.

Oct 14, 2015 03:51 AM
Rainer
21,425
Amanda at VA HLC & FedHomeLoan
VA Home Loan Centers - San Diego, CA
Social Media, Content & Client Relations

We work with lots of millennials, who like the fact that condos are in and around big cities, as well as having things taken care of for them by the HOA. I find folks retiring and moving to other areas like condos due to downsizing and the HOA. My father and stepmother just bought a condo down south for those two reasons. 

Oct 14, 2015 02:56 AM