Home Buying in 87544>Question Details

Mac Carman, Home Owner in Los Alamos, NM

What is the current real estate market for condos in Los Alamos?

Asked by Mac Carman, Los Alamos, NM Sat Jan 26, 2013

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0 votes Thank Flag Link Tue Oct 29, 2013
In general, condos are more challenging to sell due to financing restrictions (fewer loan options and generally larger down payments for example). From a buyer standpoint, this means there are good values out there compared to a number of years ago but you may want to consider the potential difficulties of re-sale down the road. There are currently condo's for sale in a variety of price ranges.

Townhomes don't fall into the same category for lenders and can sometimes be a better/easier option.

This is a pretty general answer, so feel free to ask questions or contact me if you want specifics.
0 votes Thank Flag Link Mon Feb 11, 2013
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