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Podcast: BiggerPockets Daily
Episode: Condo Slump and the Top 10 NFL Markets For Airbnbs
Description: Condo prices are falling fast across the U.S.—especially in Florida—due to soaring HOA fees, rising insurance costs, and new special assessments. Sales dropped 12% year over year in May, while single-family home prices rose slightly. Florida and Texas are leading the decline, with several metros seeing price drops over 30%. Meanwhile, short-term rental investors are finding opportunity in NFL cities. Markets like Jacksonville, Cleveland, and Kansas City are posting strong STR revenue growth tied to football season demand. For investors, the key takeaway is that while condos are struggling, football-fueled STR markets are heating up. Le...