One of the areas that have become popular with first time home buyers are the greater Minneapolis St. Paul housing market. This area is the largest metropolitan area in the state of the Minnesota and upper Midwest region. Along the Mississippi riverfront you will find a hot bed for Minneapolis condominiums. Areas like St. Paul’s Lowertown, North Quadrant Region, and North Warehouse Districts are very popular with condo buyers.

Many of the new high rise developments and luxury condos have beautiful views of the city along the river. Warehouse and factory building have been turned into condos because they have stable structures that provide solid building structures for the condominiums. Some of these range from $400,000 in the lower end to over $1,800,000 for luxury penthouse condos.

Currently the real estate market has been in down mode for the past year and the Minneapolis condominiums market has seen the bottom of the price declines. The inventories of condos under $400,000 in recent months have been dwindling and few constructions are being brought to the market. Some experts are agreeing that price has stabilized in North Loop and Mill District where they are affordable at around $300,000.

But if you are thinking about selling your Minneapolis condominiums remember the average days on the market has increase 28 percent over last year to 108 days. But the inventories have declined for downtown as available condos for sale have declined by about 30 percent.

One positive news is that the aver median selling price has increased 6 percent. Even with many short sales and foreclosure auctions at a rate of 35 percent, the Twin Cities real estate market have remained better than rest of the country. The price have been below the national level by less than 8 percent.

One thin for sure, the real estate market will rebound with rebound of the economy. Right now the market maybe at the lower end at this point, new buyers will be into the market beginning with spring where many buyers move or buy new homes. Make sure you have patience to wait for the right property at right price and right location.

If your looking for a thriving community with abundance of parks and outdoor activities, Portland, Oregon truly can be called sweet home. Whether you a family looking for a spacious home or a single person looking for a urban living, Portland condominiums is just an excellent option to choose.

Portland’s moderate temperature and great outdoors environment makes it one of great place to live in places like Hillsboro, Lake Oswego, West Linn, Tigard, and greater Portland area.

With recent downturn in US economy, the prices have become very affordable to everyone, especially Portland condominiums buyers. There has been huge investments in Pearl District, South Waterfront, and many of the downtown areas, but few of the luxurious condo developments have stalled with larger than normal inventories of unsold condos.

$478 per square feet has been an average listing price of Portland condominiums in the late 2007, but recently these prices have decreased significantly. This is perfect time to purchase one for those who have good credit and enough down payments, the inventories of unsold condos have reached unprecedented levels.

The average sales price of per square feet have declined to $250 in middle to late 2008, fueling new buyers who are looking at long term horizon, not the short flip minded investor of early 2000′s. It might takes years before the housing market returns to its highs, but it is perfect time for these long term investors or home buyers.

Whether your looking for convenience or many moder amenities Portland condominiums will be perfect for those requiring carefree living without headaches of owning a home. All of the repairs and maintenance will be taken care of by the association. Now is the perfect time for one to look into these homes before the US real estate market rebounds in late 2009 and early 2010, these will be perfect investments.