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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.
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 ...
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 ...
This is not solely a Florida problem, though: Other markets around the country where HOA fees increased by double digits, the study found, include Ft. Worth, Texas (14.6 percent); Sacramento ...
Well, increasingly high homeowners association fees and soaring insurance costs are making it so nobody wants to deal with a condo anymore. In Florida, HOA fees are especially a problem.
Here’s what HOAs in Florida can and can’t do to their residents under the new Florida HOA laws and which HOA rules residents can legally fight.