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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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August 17, 2006

The Real Estate Adviser: Condos can be a good buy but they take more research

By TOM KELLY
Special to the Journal

The long-term employment outlook of the Puget Sound region continues to propel the housing market. While some popular areas of the country have slowed dramatically in the past six months, most well-priced homes in Western Washington have no trouble luring good offers and solid buyers.

How healthy is it? Statistic provided by the Northwest Multiple Listing Service revealed condominiums had appreciated at a greater pace (20 percent) than single-family detached homes (14 percent) in the past year.


 
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