An Investor Asks: Where Is The Condo Market Headed?

Article by June Fletcher Via RealEstate Journal

Question: What information do you have about the state of the condo market and the expected trends in the next few years? This would be very helpful to me as a real-estate investor.

-- Douglas Menelly, Kew Gardens, N.Y.

Douglas: The condo market is a lot like Elton John. It cycles in and out of fashion, and about as often and as spectacularly.

And for now, condos are at center stage, springing up in places you wouldn't expect, like Omaha, Neb., and Charlotte, N.C.

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