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Purchasing a condo can be a more affordable route to homeownership compared to buying a traditional single-family home. The median condo price is still under $300,000 in most major cities, Zoocasa ...
The median sale price for condos in Tampa fell almost 5% in a year, to $237,750; in Houston, the typical price plunged 6.5%, to $159,000. ... Two other, smaller, reasons behind the glut of condos ...
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Membership in a condo is obtained by buying the shares on the open market, most often through a real estate agent. No board approval is needed to buy shares, but in some cases other stockholders or the housing cooperative itself has the right to claim the stocks being sold.
The term condop in real estate refers to a mixed-use condominium building where at least one of the units is owned by a cooperative corporation and sub-divided into many "co-op" apartments. The other condo units are typically retained or sold separately by the developer and may be retail space, office space or parking garage.
The skyline has drastically changed in recent years, and the residential real estate market has remained relatively strong. As of December 2016, there were 31 high rise projects either under construction, approved or planned to be completed in Austin's downtown core between 2017 and 2020. Sixteen of those were set to rise above 400 ft (120 m ...
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