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Inventory at all price points, from “condos to luxury homes,” is critically low. Small, detached single-family homes priced under $300,000 are even scarcer. “It’s economics 101,” Kane said.
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Since apartment-style condos are the most common, when someone refers to a condo, many erroneously assume that it must be an apartment-style dwelling and that only apartment-style dwellings can be condos. All types of dwellings can be condos, and this is therefore true of townhouses. A brownstone townhouse is a particular variety found in New York.
Townhouses (or townhomes) are generally two- to three-story structures that share a wall with a neighbouring unit. As opposed to apartment buildings, townhouses do not have neighbouring units above or below them. They are similar in concept to row houses or terraced houses, but share a common design and construction.
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
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Apple. Apple (NASDAQ:AAPL) is a company that people just love to doubt. The stock started 2024 with a pretty expensive multiple, only to end the year with an even pricier one (shares go for almost ...
A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
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