Posted by: phillipsre | November 19, 2015

Great News For Condo Owners

iStockPhoto_CondoBuilding_squareThis article from the Seattle PI states that condominiums are appreciating faster than single-family homes in many U.S. markets, including Seattle’s. This is the case in popular neighborhoods where the  value of the property is increasing as time goes by. The condo market may be especially attractive to first-time home buyers, who are largely being priced out of Seattle’s expensive single-family market. Condos are often more affordable and lower maintenance, and many offer the urban lifestyle that young professionals are increasingly attracted to. Additionally, condos can be a great investment for buyers looking to purchase a rental property with lower maintenance.

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