Condos Still a Popular Option With Buyers

According to an article in REALTOR Magazine: "With lifestyle and affordability driving demand, more than half of all condo buyers say they didn’t consider any other style of housing, according to a recent National Association of Home Builders' survey of condo buyers. Continued demand by both young, well-paid professionals (singles or couples), who want to own their first home close to urban amenities, and older households, who want to remain in the suburbs but shed the maintenance burden of a house, is expected to stabilize the condo market..."

I couldn't agree more! Many of my buyers are opting more and more for the condo lifestyle. Young professionals aren't so interested in lawn work, and guess what? Neither are retired folks. In today's world, we want a beautiful environment, but aren't willing to sacrifice our time to get it. In many cases, the HOA fees are worth every penny paid to free up condo owners to do other things. Read more of this interesting article here ...

Jennifer Bunker, CRS, GRI
Utah Real Estate Broker