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Contact Information

Joyce C. Jeffrey
Summit Executive Realty
4530 Barksdale Boulevard, Suite E
PO Box: P.O. Box 8341
Bossier City, Louisiana, 71112
Office: 318-747-3117
Cell: 318-208-0470
joycejeffrey@realtor.com
Lic. #: Licensed in Louisiana USA
are condos a good investment? | Print |

Are Shreveport, Louisiana 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 Shreveport, Louisiana 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.


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Last Updated ( Thursday, 04 September 2008 )
 
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