As we enter the budget season for co-ops, condos, and homeowners’ associations (HOAs) across New York and the United States, there’s a growing concern about rising maintenance fees, common charges, and HOA dues. If you’ve been watching your building's financials or browsing new listings, you've likely noticed that maintenance charges and condo fees have risen significantly over the past Continue Reading
A Guide to Maintenance Fees in NYC Co-ops and Condos If you're looking to buy or sell a co-op or condo in New York City, one of the most important financial considerations is understanding maintenance fees (co-op) or common charges (condo). These fees are crucial to determining your overall monthly costs and can vary widely by building. The average monthly co-op maintenance in Continue Reading
The housing market has been on a rollercoaster ride this year, and for many would-be homebuyers, it’s been a ride full of twists and turns. Mortgage rates saw a steady drop earlier in 2024, giving hope to those waiting for relief. But just as quickly as they fell, rates have crept back up again. So, what’s going on with mortgage rates, and what can homebuyers expect moving forward? The Continue Reading
654 Madison Ave Fl 5
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