Exit The Traffic Jams - Buy a Condo
Condos are a great buy, holding their price in a downwards market - and sometimes even increasing their value! Why would it be that in many distressed realty areas, condos are holding their price? Is it the glut of baby boomers moving into the easier 'condo' lifestyle? Is it because they can often be less expensive than houses for first time buyers? Could it be because single householders (who are more likely to choose condos) have now out-numbered married ones? Is it because condos are built slap in the middle of town? Whatever the reason, condo prices have remained unchanged in nearly sixty key USA metros and they have even shown a price increase in thirty-three metros. ...
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