Comments on: What will the declining real estate market do to the condo conversion business? http://business-lists-leads-databases.com/490/what-will-the-declining-real-estate-market-do-to-the-condo-conversion-business/ Quality Marketing Lists, Sales Leads And Multiple Databases Sat, 24 Apr 2010 03:45:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: AG http://business-lists-leads-databases.com/490/what-will-the-declining-real-estate-market-do-to-the-condo-conversion-business/comment-page-1/#comment-875 AG Sun, 03 Jan 2010 14:17:04 +0000 http://business-lists-leads-databases.com/490/what-will-the-declining-real-estate-market-do-to-the-condo-conversion-business/#comment-875 Don't do it. The real estate market, including condo conversions, is almost at a stand-still. Real estate sales are coming to a stop, some even at loan closings. Some people are even willing to walk away even though they've put a good size deposit down. They know if they keep waiting, they'll get a better deal. The risk is too high right now for condo conversions. Even more riskier if you don't have any experience with this. Don’t do it. The real estate market, including condo conversions, is nearly at a stand-still. Real estate sales are coming to a stop, some even at loan closings. Some people are even willing to walk away even though they’ve place a excellent size deposit down. They know if they keep waiting, they’ll get a better deal. The risk is too high right now for condo conversions. Even more riskier if you don’t have any experience with this.

]]> By: DCgurl http://business-lists-leads-databases.com/490/what-will-the-declining-real-estate-market-do-to-the-condo-conversion-business/comment-page-1/#comment-874 DCgurl Sun, 03 Jan 2010 11:49:09 +0000 http://business-lists-leads-databases.com/490/what-will-the-declining-real-estate-market-do-to-the-condo-conversion-business/#comment-874 I say be careful! I live in DC. We've got a billion new condos for sale and they're is sooo much on the market. People are being super picky and waiting for the prices to continue to drop. We've even got developers abandoning condo properties and selling them or turning them into rentals. It's getting this bad. I don't know too much about CA market. You didn't say north or southern california. I know southern, california the market has definitely slowed down. They're will always be hot areas. Just be careful. I say be careful! I live in DC. We’ve got a billion new condos for sale and they’re is sooo much on the market. People are being super picky and waiting for the prices to continue to drop. We’ve even got developers abandoning condo properties and selling them or turning them into rentals. It’s getting this terrible. I don’t know too much about CA market. You didn’t say north or southern california. I know southern, california the market has certainly slowed down.

They’re will always be hot areas. Just be careful.

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