3 hours ago4 min read
The Condo and Townhome Problem: Why Payment Shock Matters More Than Price
Condos and townhomes have become harder to sell in today’s market. Not because buyers do not like them. Not because the locations are bad. Not because the units are not beautiful. The real problem is the monthly payment. For many buyers, especially first-time buyers, condos and townhomes are supposed to feel like the more affordable path into homeownership. They are often viewed as a starter home. Something they can live in for two or three years before moving into their next