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are condos a good investment? | Print |

Are Katy - West Houston -West Houston condos a good investment?

Condominiums have held their value as an investment despite economic downturns and problems with some associations. In fact, condos have appreciated more in the past few years than when they first came on the scene in the late 1970s and early 1980s, experts say.

While there are lots of reports about Katy - West Houston -West Houston area homeowners association disputes and construction-defect problems, the industry has worked hard to turn its image around.

There are serveral key tips that is very important to be aware of when considering purchase a condo or townhome. Post your request for additional informtion, if you are considering purchasing a condo. Elected volunteers who serve on association boards are better trained at handling complex budget and legal issues, for example, while many boards go to great lengths to avoid the kind of protracted and expensive litigation that has hurt resale value in the past.
Meanwhile, changing demographics are making condominiums more attractive investments for single home buyers, empty nesters and first-time buyers in expensive markets.


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Last Updated ( Wednesday, 11 November 2009 )
 
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Sanford & Seretha Sellers
Premier Realty of Texas
23930 Westheimer Parkway #120
Katy, Tx, 77494
Office: (281) 701-1573
Cell: (832) 814-8715
Fax: (281) 944-3933
SSellers@KatyDreamHomes.com
www.PRTexas.net
Lic. #: 0486459

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