
Debbie Evans
14.4K posts

Debbie Evans
@DebbieAEvans13
Fiscal conservative — less gov’t, Free Speech, Common Sense ❤️ Community … No DMs










Florida condo crash happening in real-time. Seller cut price to $256k. Back in 2022, it was valued at over $1 million. 75% haircut in 3 years. And 50% over the last 10 years. This condo building was built in the 1970s, and apparently has huge deferred maintenance and repairs. So existing condo owners / new buyers are getting stuck with the bill. ($326k special assessment on this unit, also needs renovation. So the buyer's all-in cost is probably closer to $700k). In this ZIP code, condo values have dropped about 10% in aggregate the last 3 years. But clearly some units, in older buildings with huge assessments, are getting hit much worse than market average.




@cvpayne @dagenmcdowell Deeper economic perspective from Bill:



#BREAKING: Canada to provide $2.5 billion in economic aid for Ukraine, prime minister says cp24.com/news/canada/20…


