My favorite condo markets right now

With my job, I get asked at least 5 times per day about what condo markets I like right now. People want to know where they should put their money in this market. Now that rates have fallen again this week, it is much more affordable to purchase a condo if you have decent credit. I would like to discuss my favorite condo markets right now and why I like them.

1. New York City- New York City, especially Manhattan is the only market in the country where prices and sales continue to steadily increase. They will always be demand for living in New York as it is the most densly populated city in the country and the busiest. Even if you can't live there, rental rates in New York are higher than anywhere else in the country. If you can find a good building where the HOA's are not too high and the price is right, New York can be a great place to buy a condo. Search all the New York Condos that NCO represents.

2. Los Angeles- I am always in favor of buying and investing in condos in areas that have the highest population growth in this country because there will always be a high demand for housing. With the star power of Hollywood, many condo developers are almost giving some condos away to celebrities in order to get publicity for their condo project. Either way, high-rise condo living in Los Angeles is becoming very popular and there are some great projects at much more affordable prices than the homes in the hills in LA. Check out Los Angeles Condos here.

3. Las Vegas- With the current state of the real estate economy, prices have come down a lot in the last year in Las Vegas. Right now is the perfect time to buy. The Condo Hotels make the best investments as you can recoup a portion of your mortgage every month. Right now developers are going all out to sell their product and you can get an amazing deal on a Las Vegas Condos. There will always be high demand for Las Vegas as the city is hotter than every right now. There will always also be a lot of International Demand. See Las Vegas Condos here on NCO.

4. Atlanta- This city has the highest business growth int he country and it never really got affected by the condo boom. Prices never soared so they are all still at very reasonable levels. There is a great selection of new condo projects in Atlanta and there are also a lot of great colleges there and a ton of new young business leaders. It is very easy to find a renter if you want to purchase a condo as an investment in Atlanta. See all the great choices for Atlanta condos here.

I also really like the idea of investing Internationall right now.  There are a ton of great choices on NCO. Choose Wisely.