The condo market is in its worst slump in over a decade and prices are falling even as single-family homes hold value. Rising HOA dues, tighter financing rules, and higher monthly costs are crushing demand. This is why condos can decline even when the housing market is going up.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate