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What’s the Condo Market Like?

April 13, 2016 By Pehr Black

Condo Market

What Does The Condo Market Look Like?

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Today, we’re going to discuss our sizzling hot condo market in Northern Idaho! Why is this market doing so well right now? Here’s why.

  • They’re actually selling. Consumers purchase and eagerly move into condos. Instead of renting, they’re committing to a different kind of residential lifestyle.
  • Baby boomers are downsizing. People want to invest in other things, like travel, compared to a brand new home. Plus, condos can be secure for long trips.

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  • Banks are finally lending. Homeowner associations are improving. We have properties priced up to $1 million, so buyers are able to work with lenders better now compared to the past.

If you’re thinking about buying or selling in the surrounding area, contact me by phone or email. I’d be delighted to help answer your questions and serve your real estate needs! What Does The Condo Market Look Like? It looks like its time to sell!

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