Nicole Friedman
speaker
266 appearances
10 recordings
2 series
first heard Dec 2025
last heard 23 Jun
Nicole Friedman’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 10 in all, peaking in Jun 2026 with 3.
Appearances
WSJ What’s News · Rising HOA Fees Are Making It Even More Expensive to Own a Home · 9 Apr 2026
podcast
risen a lot in recent years.
And that's really driven by the cost of property insurance and also the cost of labor and materials.
There's been a big jump in insurance costs following the Surfside condo collapse in 2021 in Florida, which brought a lot more scrutiny toward how safe these buildings are structurally, especially older buildings.
And it's estimated that about one in four households that owns in the United States pays one of these monthly fees.
For condo associations, the median monthly fee last year was $420.
And that's a 29% increase from 2019.
And then for single family associations, the median fee last year is lower.
It's just $63 a month, but that's still a big jump.
It's up 26% from 2019.
And what does this mean for home sales?
So the big focus right now in the housing market is just overall affordability.
Home prices are still quite high.
Mortgage rates are still high.
But then you also have these other costs, things like insurance, property taxes.
And so it's definitely true that even if mortgage rates come down, homebuyers are still watching the overall monthly expense.
that they might take on to buy a home.
And especially in the condo space, where condos are often priced below single-family homes, if these monthly fees are in the hundreds of dollars a month or even higher, that can really make the difference between a condo being affordable versus out of reach.
Thank you for having me.
Yeah, so we have definitely seen different housing markets in different parts of the country.
There's been a lot more competition and rising home prices in the Northeast and Midwest, where the inventory is still lower than normal.
Showing 81–100 of 266 · page 5 of 14
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