Empty Condos All Over the U.S.

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Condo owners are dumping units across the U.S. Listings are spiking, and prices are crashing in some cities. Zillow shows major condo declines in Oakland, Austin, St. Petersburg, Fort Myers, and Sarasota. Why? Because owners can’t afford them anymore. HOA fees, insurance, and taxes have all gone up. Some one-bed units now cost over $4,000/month to own. Most people simply can’t pay that.

In cities like Nashville, it’s 40–50% cheaper to rent than buy a condo. That means more price drops are likely. Is now the time to buy a condo? Maybe — but do the math first. Compare monthly payments to local rents. Track condo prices and forecasts on www.reventure.app.
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