Recent Folsom, Granite Bay, El Dorado Hills, and Sacramento Real Estate News Posts
The Emerging Market of Condominiums
Post Your Comments Published by Patrick Warholic on September 15, 2007 at 12:24 AM.
Condominiums are designed to provide multi-family housing and are good solutions for many homebuyers.
Indicators for a Strong Market in Multi-Family Housing Units
If condos are such a good investment - why are there so may 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 service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, 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.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
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 may 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 service to buyers and sellers of luxury homes and land.
For more information from California Home Network visit Patrick Warholic, The Internet Home Marketing Specialist for free MLS Home and property searches, 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.
Contact Patrick Warholic, Realtor, CCRA, SRES, ASP, and e-PRO certified.
