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  2. Florida's condo market looks shaky. Could the bottom fall out?

    www.aol.com/finance/floridas-condo-market-looks...

    The median sales price was $315,000 in July, up 50% from $210,000 in July 2020, per the Florida Realtors. Only 1.1% of Florida homeowners owe more than their home is worth. That means if costs ...

  3. Florida homeowners have no choice but to lower condo prices ...

    www.aol.com/finance/florida-homeowners-no-choice...

    Jacksonville condo owners slashed prices 6.5%, Miami prices dropped 2.5%, and Orlando’s fell nearly 5%. Meanwhile—as Studnicky says—single-family homes are faring better, meaning that their ...

  4. 'It’s paradise lost': Florida's condo market is floundering ...

    www.aol.com/finance/paradise-lost-floridas-condo...

    Redfin reveals the median condo price in Jacksonville dipped by about 7% year-over-year in January, sales declined 27%, and new listings surged by 32%. In Miami, condo prices dipped by 3%, sales ...

  5. Common area - Wikipedia

    en.wikipedia.org/wiki/Common_area

    Common area. A common area is, in real estate or real property law, the "area which is available for use by more than one person..." [1] The common areas are those that are available for common use by all tenants, (or) groups of tenants and their invitees. [2][3] In Texas and other parts of the United States, it is "An area inside a housing ...

  6. Experts warn Florida’s condo market could teeter on collapse ...

    www.aol.com/experts-warn-florida-condo-market...

    The Sunshine State’s housing market is caught in a perfect storm that could soon drive condo owners to flee in droves. Experts are predicting that the skyrocketing costs of condo ownership ...

  7. Condo crisis: Florida condominiums sales slow as sellers ...

    www.aol.com/condo-crisis-florida-condominiums...

    In Volusia County, condo sales are on pace for a year-over-year decline in 2024, according to numbers crunched by Mark Wright, director of real estate for the Property Appraiser's Office. Almand ...

  8. Surfside condominium collapse - Wikipedia

    en.wikipedia.org/wiki/Surfside_condominium_collapse

    Surfside condominium collapse. On June 24, 2021, at approximately 1:22 a.m. EDT, [a] Champlain Towers South, a 12-story beachfront condominium in the Miami suburb of Surfside, Florida, United States, partially collapsed, causing the deaths of 98 people. [9] Four people were rescued from the rubble, but one died of injuries shortly after ...

  9. What’s happening with condo sales in Miami and ... - AOL

    www.aol.com/news/happening-condo-sales-miami...

    What is the median sale price of a single-family house? Miami-Dade: $640,000, a 3% increase from $620,000 in August 2023. Broward: $606,000, slightly higher than $600,000 in August 2023.