Condo Trends;Cool Sales Mean Hot Rentals

[hometowngrl53]

Condo Trends: Cool Sales Mean Hot Rentals
by M. Anthony Carr
The latest movement in condo sales to rentals shows that it doesn't matter what kind of market evolves, someone's going to make some serious money. With very little fanfare, the Joint Centers for Housing Studies of Harvard University released its 2007 State of the Housing report several months ago. Unlike its two predecessor reports in 2005 and 2006, this report received little media attention.

read here http://realtytimes.com/rtpages/20080207_condotrends.htm

[thohome]

Great Post.. I'm glad that individuals own more than Corporations. Its propably easier than selling now adays.. And most middle class can't afford their own homes.. and that is a shame..

[badmomma]

Aren't condo expensive to rent? I thought the average rent was higher than renting a house. It is however good to see more individuals owning these types of properties.