Why hasn’t my Condo value come close to bouncing back yet?(NY)

I live on Long Island, bought my one bedroom condo in 2007 for 180 in Suffolk county long island which was a good deal at the time. Even after the bounce back according to the bank assessment it's only worth 110 right now. Am I just unlucky or have condos not bounced back like houses did?

More real estate tips at Program Realty Wix site

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s