After 6 straight years of increasing condo sales we say our first dip in number of condos sold. Am I worried the condo market is cooling? Not at all. First of all the decrease was only 2% less than 2017. Second, the number of condos for sale is at it's lowest point in decades. This is my 25th year of selling Lake Condos and I never recall the inventory being this low relative to the number of condos in this market.
While it does pose a challenge for a first time condo buyer, it also reinforces the importance of hiring a Condo Expert like John Garrett.