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Real Estate Today

Buying a Condo in 2025

Apr 11, 2025
29:54

Thinking about buying a condo? Whether you're a first-time buyer or just curious about what sets condos apart, we’re breaking down everything you need to know about condo living in 2025. First, condominium expert and REALTOR® Mabél Guzmán shares what makes condo ownership unique—and why it can be an ideal entry point to homeownership, especially for first-time buyers looking to build wealth. Next, real estate attorney Nishad Khan breaks down what you own when you buy a condo, plus key financial responsibilities and community rules to be aware of. Then, home design expert Melissa Dittmann Tracey weighs in on whether ranch homes and ADUs (accessory dwelling units) are hot or not. Finally, Nadia Evangelou, senior economist at the National Association of REALTORS®, shares the latest trends in condo sales across the country. If you’re considering condo living, this episode is your go-to guide!

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