First time buyer looking for condos/townhomes
I do not like doing yard work and exterior maintainance. I mainly want a no-frills place to live in instead of paying rent every month. I am highly unable to find a good listing that either doesn't have insane special assessments coming up, or super high HOA (that recently increased because of deferred maintainance), or something way overpriced.
I also hear that condos are not selling, while I am here looking to buy a condo at a reasonable price. It's clear that the listing price and the buying price are mismatched. I am even willing to waive the financing contingency if needed.
How are other buyers finding a good condo at a reasonable price (ie not the inflated 2021-2022 prices)? What will make prices come down so that first time buyers like me who don't have existing equity to leverage can actually be tempted to make a move?