[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f21swa8x52abaa":3,"$ffeh0925h8cuz":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},3964,"there-are-several-great-reasons-to-consider-buying-a-condo-today","There Are Several Great Reasons To Consider Buying a Condo Today","If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F30151325\u002F20220329-KCM-Share-1.jpg","If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you.\u003C!--more-->\r\n\r\nHere are a few reasons condos may be something you’ll want to consider.\r\n\u003Ch4>\u003Cstrong>Exploring Condos Could Add Options That Fit Your Budget \u003C\u002Fstrong>\u003C\u002Fh4>\r\n\u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F01\u002F20\u002Fbuyers-want-to-know-why-is-housing-supply-still-so-low\u002F\">Supply challenges\u003C\u002Fa> are a reality across the board in today’s housing market. Broadening your home search to include condos could increase your overall pool of options. Just keep in mind, condos generally differ from single-family homes in average space and floorplans.\r\n\r\nIn a \u003Ca href=\"https:\u002F\u002Fwww.bankrate.com\u002Freal-estate\u002Fbuying-a-condo\u002F\">recent article\u003C\u002Fa>, \u003Cem>Bankrate\u003C\u002Fem> covers some of these differences:\r\n\u003Cblockquote>\u003Cem>“Condos are generally more affordable because they come with less space — you likely won’t have your own backyard, for example, and the interior tends to be smaller than the square footage of a single-family home.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nBut if the size of a condominium meets your needs, they could match your budget as well. Data from the \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002Fehs-02-2022-breakouts-of-single-family-condo-and-co-op-2022-03-18.pdf\">\u003Cem>National Association of Realtors\u003C\u002Fem>\u003C\u002Fa> (NAR) shows the difference in the median price for both housing types. For single-family homes, the median price is \u003Cstrong>$363,800\u003C\u002Fstrong>. And for condominiums, the median price is lower at \u003Cstrong>$305,400\u003C\u002Fstrong>.\r\n\r\nSo, if budget is top of mind for you, a condominium could be a great fit within your target price range.\r\n\r\nNot to mention, buying a condo is a great way to break into the market and start building \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F21\u002Fthe-average-homeowner-gained-more-than-55k-in-equity-over-the-past-year\u002F\">equity\u003C\u002Fa> that can help power a future move up. The condo you purchase today may not be your forever home, but it can be a great stairstep that can help you buy your dream home later on.\r\n\u003Ch4>\u003Cstrong>Find Out if Condo Living Is Right for You  \u003C\u002Fstrong>\u003C\u002Fh4>\r\nIn addition, owning and living in a condo is also a lifestyle choice. While it’s true they may be smaller than single-family homes, the amenities condos provide could be a draw for many buyers. Less space in your home might mean minimal upkeep, lower maintenance, and more time for you to spend doing the things you enjoy.\r\n\r\nTo understand if condo life is for you, \u003Cem>Bankrate \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fwww.bankrate.com\u002Freal-estate\u002Fbuying-a-condo\u002F\">recommends\u003C\u002Fa> asking yourself a few simple questions:\r\n\u003Cblockquote>\u003Cem>“Hate to mow the lawn and trim the hedges? What about pressure washing your driveway? Are your finances such that having to lay out $5,000 or more for a new roof will be a burden? . . . \u003Cstrong>Condos tend to work best for those comfortable with most of the aspects of apartment living, minus the built-in maintenance.\u003C\u002Fstrong>\u003C\u002Fem>”\u003C\u002Fblockquote>\r\nUltimately, talking with an \u003Ca href=\"https:\u002F\u002Fwww.simplifyingthemarket.com\u002F2022\u002F03\u002F01\u002Fan-expert-advisor-will-give-you-the-best-advice-in-todays-market\u002F\">expert real estate advisor\u003C\u002Fa> is the best first step to determining if condo living might work for you.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nCondominiums are a great option for many buyers, especially those looking to buy their first home. If you’re willing to consider condos in your search, you could find something that’s in line with your target numbers and your needs. To learn more, let’s connect so you have an expert in the condo-buying process on your side.","\r\nCondominiums are a great option for many buyers, especially those looking to buy their first home. If you’re willing to consider condos in your search, you could find something that’s in line with your target numbers and your needs. To learn more, let’s connect so you have an expert in the condo-buying process on your side.",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},9,"Home Prices","home-prices",{"id":25,"name":26,"slug":27},11,"First-Time Buyers","first-time-buyers","2022-03-31T10:00:27Z","2022-11-16T17:24:14Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},3963,"whats-happening-with-mortgage-rates-and-where-will-they-go-from-here","What’s Happening with Mortgage Rates, and Where Will They Go from Here?","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F29163122\u002F20220330-KCM-Share.jpg","2022-03-30T10:00:09Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},3971,"its-still-a-sellers-market-infographic","It’s Still a Sellers’ Market [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2022\u002F03\u002F31142110\u002F20220401-KCM-Share.png","2022-04-01T10:00:18Z",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[47,51,52,56,60,64,65,66,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},6,"For Sellers","sellers",{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":21,"name":22,"slug":23},{"id":25,"name":26,"slug":27},{"id":67,"name":68,"slug":69},34,"Senior Market","senior-market",{"id":71,"name":72,"slug":73},35,"Mortgage Rates","mortgage-rates",{"id":75,"name":76,"slug":77},38,"Move-Up","move-up",{"id":79,"name":80,"slug":81},41,"For Sale by Owner","for-sale-by-owner",{"id":83,"name":84,"slug":85},42,"Featured","featured",{"id":87,"name":88,"slug":89},45,"New Construction","new-construction",{"id":91,"name":92,"slug":93},52,"Luxury \u002F Vacation","luxury--vacation",{"id":95,"name":96,"slug":97},53,"Rent vs. Buy","rent-vs-buy",{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]