subject: Buying Biltmore Clositers Condos For Under $100,000 [print this page] If you truly want an affordable place to live that places you right in the vicinity of the best shopping, dining and entertainment that the City of Phoenix has to offer, then you need to consider the Biltmore Cloisters area, which is comprised of both homes and condominiums. There are obviously advantages to both of these living establishments. Deciding which is the best one for you wholly depends on your preferences, but one thing remains certain in both cases: you can get a highly affordable home at a price that will be unheard of 5 years down the road. But just how affordable?
The Biltmore Cloisters has one property that is as low as $84,900. Generally, the condos are the ones that run under $100,000, but homes are affordably priced as well. If you want to keep it to under six figures, however, you will want to search the condo market first and foremost. A quality Phoenix real estate agent or real estate company can set you on the right path to finding a deal that you can afford, which will only grow in value over the next several years. How can one know that growth is inevitable? The Biltmore Cloisters are located next to a country club and make luxury living an affordable reality day in and day out. You don't have to be a wealthy business executive or a celebrity to take advantage. Not only is this preferred among singles, but it is also something that families can take advantage of as well.
How can a luxury place like the Biltmore Cloisters be affordable for everyone? To know the answer to that, you would have to understand something about the real estate market in general. Supply and demand got hit unexpectedly by the 2008 housing market crash. As a result, there were tons of great looking condos that didn't have qualified owners. Close to five years later, and the market has still not fully rebounded. That means if you have your pre qualifications met and a good agent, you can qualify for something that would have costed quite a bit more prior to the crash. In other words, it's a good time to buy. Real estate markets are and always have been cyclical, so getting in now would mean a better opportunity for buying low and selling high, and that can mean a great deal more to your long term assets.
Biltmore Cloisters is a unique and beautiful place to live. If you've always wanted to live close to the action and enjoy city life at its finest while still having a place that you can call your own, then this area is one of the best, at less than $100,000.
