The biggest issue is that since the market crash of 2008, very few new condos have been built and as demand has increased, there are no longer enough supply to go around. This lack of inventory is not just limited to the condo market. The housing market, especially at affordable prices, is extremely undersupplied as well. The only cure is to be ready to pounce when you see something you like and make your offer easy to accept. We have also had a great deal of luck approaching past clients directly who own condos. We have been able to secure deals that never hit the market using this approach. Using a buyers agent really gives you an edge in this scenario.