Indicators for a Strong Market in Multi-Family Housing Units

• Single and Non-Traditional households represent the majority of housing consumers.
• Single Women make up nearly a quarter of the homebuyer market and they prefer Multi-family Housing.
• Condos are also gaining interest among first time home buyers, empty nesters and retirees.
• Condos are great second homes
• And usually they are owner occupied instead of renters.

If condos are such a good investment – why are there so many for sale?

The supply outweighs the demands. When a single home is offered, that is one home on the market but when a developer sells a project, it is usually 500 plus homes to the market. An oversupply doesn’t always mean the product is deficient. When affordable housing is available, why would you pass it up? Ask your Realtor about the great Condominiums or Townhomes in your area. Your Realtor has the connections for exactly what you are looking for.

Folsom Luxury Homes and Land Specialist

Our motto is to always “Do the Right Thing”, starting with providing premier executive real estate service to buyers and sellers of Folsom, Granite Bay, and El Dorado Hills luxury homes and land.

For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free, no registration required, MLS home and property searches with amazing home search results at your fingertips, along with its ease of use, no registration required advanced home search features that will simply astound you. You can even search by using the new Google Map search, with community search parameters, and even do a home search for energy saving features too. If you are looking for a condo or town house, you can select just that criteria. Maybe you are looking for a new home investment property. Well, now you can find great real estate deals with REO bank owned properties and short sale homes listed in the MLS directory. This information is right at your fingertips.

California Home Network also provides free real estate reports, information for sellers, information for buyers, and find out exactly what your home is worth with a free home valuation, with current up-to-date market information provided for you.

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Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.