Posted by: phillipsre | October 14, 2014

Now May Be A Good Time to Buy a Condo

20140812-173149-63109873.jpgAs single family home prices continue to increase, now might be the right time for you to purchase a condo. Low prices and low interest rates have meant that owning a condo has been drastically cheaper than renting a comparable apartment since late 2010. This article from the Seattle Times discusses the current state of the market and how condo prices are remaining fairly low, compared to single family home prices. Condos may be appealing to a variety of people, first time home buyers, small families and downsizing older couples target condos because they are generally more affordable. Additionally, there is less yard maintenance while living in a condominium. If you are in the market to purchase a condo, contact the agents at Phillips to see what is available.

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