Market Conditions in 60616>Question Details

Louise, Home Buyer in Ireland, WV

Terrazio pricing trend

Asked by Louise, Ireland, WV Mon Jul 12, 2010

Do the Terrazio condos represent a good buy in terms of the market conditions of the area - a 2 bed/1.5 bath with parking for €340k. This price was settled in 2008 with closing now in 2010.
Many Thanks

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1
I would stay away from any new contruction/conversion right now. There is going to be a lot of price cuts, and developer closeouts. This could be very dangerous for you. You dont want to buy something and then see your neighbor pick one up a year later for 100k less than your price. I would stick more with an established building.

If your looking to buy, go out and get a good buyers agent. This way you have someone to walk you through the buying process, at no cost to you. I would be happy to help.

Matt Laricy
Americorp Real Estate
Brokers Associate, e-PRO
mlaricy@americorpre.com
708-250-2696
0 votes Thank Flag Link Mon Jul 12, 2010
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