Condo Prices Are Falling, But Surging HOA Fees And Hidden Costs Offset The Savings
Condominium prices across the United States have been declining, yet buyers are discovering that lower list prices do not tell the full financial story. In July, condos and co-ops sold for a median price of $349,186, representing a 2.1% drop from the same period one year earlier. That headline number may look attractive to prospective…