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Condos Booming All The Way To Olympia?

Posted on August 18, 2006 by The Tim

Okay maybe booming is too strong of a word. Blossoming may even be too strong of a word. Whatever word you choose, demand for condos in Thurston County is apparently on the rise.

Demand for condominiums is growing in Thurston County, but several proposals to build more have yet to get off the drawing board.

After years of dormancy, the condo market is taking off, driven by early retirees who want a break from home maintenance and singles who want a price break compared with single-family homes, real estate agents say.
…
“There’s definitely a need for more upper-end condos,” [Realtor Spence] Weigand said. “There are a lot of people tired of the taxes and the maintenance of their property, but they can’t give up their views.”

South Sound’s condo market is still small compared with the large, booming market in Seattle. More than 1,600 Seattle condos are on the market, compared with 51 in Thurston County, according to the Northwest MLS.

“There’s a need…” I think this gentleman must be using some meaning of the word “need” that I’m not familiar with.

(Jim Szymanski, The Olympian, 08.13.2006)

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