It’s all about timing and making the right investment choice.
OwnACondo.com, the best place to buy and sell condos, offers the perfect
opportunity for buyers to purchase investment real estate, at the right time.
The roller coaster ride of the stock market has captured the headlines with
often painful regularity. Investing in real estate however, continues to be the
best way to build wealth over time.
Why Purchase Condominiums?
Affordability, ease of ownership and a large supply of future buyers are all
compelling reasons.
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OwnACondo.com condos are almost always the most affordable available in any
given community.
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The condo properties we represent typically have a variety of capital
improvements made, which helps accelerate appreciation.
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The nation’s median household income is enough to qualify to buy a unit at
virtually all the properties we represent ($48,000 in Illinois
according to the U.S. Census)
But what about the recent housing market headlines?
The hyper-focus in the media and online is often driven by some highly visible
markets, including California, Florida and the Las Vegas area. But all real
estate is local, and the Chicago area has delivered a much more consistent
performance: no wild appreciation, and therefore no hard “corrections.” The
2007 outlook is actually quite good, and the mainstream media is already reporting
the positive signs.
“It’s a fact that the price point of our condos means they’ll always be
purchased, regardless of the economy,” explains OwnACondo.com co-owner Brian
Kuzdas. “Also, rents are going up again. Apartments are in shorter supply, because of the amount of condo conversions
and the limited number of new rentals coming to the market.”
Expanding further, Mr. Kuzdas says “There will be
appreciation in existing condo units because of the differential in
replacement value. That replacement value keeps moving upward, due to rising
labor costs because of the finite supply of land, as well as the increasing
costs of materials and labor.”
How to Get Started?
Whether your investment plans include a single condo, five units or five
hundred, OwnACondo.com has the product and the expertise to make real estate
investing with condominiums a winning equation in your portfolio.
Please fill out the following form and
one of our licensed Condo Specialists will contact you within 24 hours.
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