Well, it's not surprising that the condo market isn't doing all that good for sellers. During the past year, the statistics show a decrease in sale volume and cost. Average days to sell a condominium are currently 123 days, compared to 90 days. The building of condos is still going strong and there are not enough buyers to go around. If you want more information about fort lee condos then Please contact at https://www.oneparkcondosnj.com/en/.
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What to do?
Investing in real estate is a wonderful investment. 12 years ago after reading “Rich Dad, Poor Dad" by Robert Kiyosaki, convinced me that I wanted to get into the property. I received my permit and bought my first property. Since that time, with the actual estate I have, my equity grew from 50,000$ to $300,000. Whether it is a home, condominium or plex, purchasing the right one make a difference to your pocketbook.
Purchasing the Correct condo:
Purchasing a condo is simple; it is when you're ready to market that has the largest impact. Nobody wants to be selling their condo for 12-24 months, however, that is what I see occasionally. To prevent this, there is some ‘rule of thumbs' to follow. This is my list of important criteria to follow when buying a condominium for ultimate resale:
Location: besides cost that is the very best of everyone's priority. You wish to buy in an up and coming area, or an area that's already happening. Near public transportation, restaurants, stores, or some type of feature that attracts people like a hospital or marketplace.