Contact Information
Mel Byrd Copper Rose Realty 6601 E. 22nd Street Tucson, AZ, 85710
Office: 520-250-7437 Cell: 520-250-7437
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are condos a good investment? |
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Are Tucson East Arizona condos a good investment?
Condominiums have held their value as an investment despite economic downturns and problems with some associations. In fact, condos have appreciated more in the past few years than when they first came on the scene in the late 1970s and early 1980s, experts say.
While there are lots of reports about Tucson East Arizona area homeowners association disputes and construction-defect problems, the industry has worked hard to turn its image around.
Elected volunteers who serve on association boards are better trained
at handling complex budget and legal issues, for example, while many
boards go to great lengths to avoid the kind of protracted and
expensive litigation that has hurt resale value in the past.
Meanwhile, changing demographics are making condominiums more
attractive investments for single home buyers, empty nesters and
first-time buyers in expensive markets.
Questions about Tucson East Arizona Real Estate?
Ask us below or Call us Now at 520.250.7437
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Last Updated ( Thursday, 04 September 2008 )
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