There has been tremendous development of the condo market and at this time, sales have slowed down considerably. New home builders and existing new condos are having major incentives to buyers, including paid HOA dues for one year, no closing costs and upgrade packages. The condo market is definitely slowing down and is becoming a buyer’s market.
Homes in the under $200k range are selling very quickly. Recent trends indicate that the number of resale homes has grown immensely. A shortage of buyers, at this time, has caused the pricing of these homes to drop by up to 20 and 30 percent of recent value. The sale of new homes has slowed too causing new home builders to offer major incentives, such as lot upgrades and first-rate interior amenities. Buyers who are looking for great deals in the
