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Not surprisingly, condo listings are up across the state of Florida. According to Florida Realtors, as of November 2024, new listings of condos and townhouses rose by 5.5% year-over-year. And ...
The WSJ reported condo inventory for sale in South Florida has more than doubled since the first quarter of 2023, to more than 18,000 units today, due to either rising insurance costs or repair ...
Across Florida, aging condo buildings are facing rising expenses and millions of dollars in structural repairs to comply with new regulations following the collapse of the Champlain Towers ...
The number of annual condo sales fell by 26.8% in June 2024 in Miami-Dade, to 865 deals from 1,181 deals in June 2023, according to the latest breakdown of Florida new signed contracts compiled by ...
SB4D is a vital update to Florida’s condominium regulations, and will undoubtedly help prevent tragedy. But the short-term impacts are going to be severe for owners.
New condo fees can be a big problem by themselves, but the situation is made worse by other high living costs. Home insurance prices in Florida, for example, are among the highest in the nation.
Florida condominium owners are looking at higher costs from condo associations in the new year, a consequence of a safety law passed by state lawmakers in 2022. It requires associations to have ...
2024 hurricane season begins: Florida Emergency Manager Kevin Guthrie pledges better communication The state and its municipalities also need to rethink their continued permitting of houses and ...