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Saturday, October 4th 2008

3:47 PM

Booming Milwaukee Condo Market

There are some great opportunities in Milwaukee for luxury condos.


Building more luxury condominiums in today’s tight credit market might seem like risky business, but there appears to be a strong demand for them in downtown Milwaukee . . .There is a "buffet of condo buyers" coming from all demographic groups, according to Mary Beth Gasper-Waite, a real estate agent who is working with the upscale Residences at Hotel Palomar and owner of Metro Condo Connections in Milwaukee. "We have seen more buyers coming from outside of Milwaukee. I have sold an increasing number of downtown condominiums to people from Chicago. Amtrak makes it possible to commute; there’s no driving and no traffic," she says. "These couples have discovered the incredible quality of life in Milwaukee. People who live here don’t always appreciate that."


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