Investors are buying up the Worcester Condo Market

Most of the market in Worcester is moderating but the condo market has a mind of its own.

I have been working with condo investors who were simply looking to park money and try to get some appreciation.

We offered full price with no inspections on 6 condos to get 1.

There are very few condos in Worcester for a city of this size, and in many ways they are easier to rent than a floor of a 3-decker as most come with parking and are newer than your typical 3-decker.

People need a place to live and a place to rent, and condos are a great rental opportunity.

One of the problems here is that investors are picking up these condos, so buying a condo as your first place as a step into home ownership may be going away.

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