BiggerPockets Daily Condo Slump and the Top 10 NFL Markets For Airbnbs
Jul 1, 2025
Condo prices are plummeting across the U.S., largely due to rising HOA fees and insurance costs. Florida and Texas are particularly hard hit, with some areas seeing drops over 30%. Meanwhile, short-term rental investors are discovering promising opportunities in NFL cities. Markets like Jacksonville, Cleveland, and Kansas City are thriving, driven by football season demand. It’s clear that while condos are struggling, the rental market linked to football is on the rise.
AI Snips
Chapters
Transcript
Episode notes
U.S. Condo Price Slump
- U.S. condo prices are falling sharply, especially in Florida, mainly due to rising HOA fees, insurance costs, and special assessments.
- Many condos disallow FHA loans, shrinking the buyer pool and driving prices down further.
Use Specialized STR Insurance
- Use insurance policies specifically designed for short-term rentals to cover property damage, liability, rental income loss, and unique risks.
- Review your insurance rates and coverage annually to ensure adequate protection.
Top NFL Cities For STR Growth
- NFL cities drive strong short-term rental (STR) demand and revenue growth linked to football season.
- Kansas City tops the list with 14% STR revenue growth; other hot markets include Tampa, Green Bay, and Cleveland.