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The problem is most acute in disaster-prone parts of Florida and Texas, where insurance premiums and HOA fees have been rising particularly fast. In Houston, the median condo sales price fell 6.5% ...
According to data from Condo Vultures, the tri-county area had 12,925 condo associations as of December 2023 — that’s about 26% of the 50,000 condo associations in Florida.
If you live in a Florida condo, you may be facing some unexpected challenges in the form of higher homeowner's association fees this year. A Redfin analysis found that HOA dues have risen sharply ...
Your HOA fees help cover those nice-to-have features, but they also cover an essential must-have: a “master” insurance policy for the property. While individual owners will have a separate ...
Condo sales, on the other hand, are slow because the cost of both buying and owning a condo has surged. Homeowners insurance in Florida increased about 40% year over year in 2023—and a whopping ...
Shipman, like many Floridians, watched helplessly as the average cost of homeowners insurance across the state ballooned by about 40% in 2023 alone, with homeowners association (HOA) fees ...
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