I’m looking more in the better North Park areas and Univ Heights. I’ve noticed some normal buyers who bought conversions in later 2008 are already able to sell with enough equity to pay the Realtor commission AND walk away with some cash. So the prices have risen a fair amount in some cases in the better areas since late 2008. Even the 1 bedroom conversions in better areas where I’m looking get hammered with multiple offers as soon as they hit the MLS and a lot of cash buyers.
Could you hire an inspector that would be able to look under the hood of a condo project? I would imagine that is not as simple as a single family home inspection.
