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Barbara Schmal, who has been a real estate agent for three decades, told ABC Action News she’s never seen the Florida condo market experience such a low. Schmal adds this crisis is hitting folks ...
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 ...
New Florida laws are making condo living increasingly expensive and are forcing many owners out. Florida realtor Jeff Chenore has been in the real estate business for 30 years and says the ...
A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...
Trump Towers is an oceanfront condominium development in Sunny Isles Beach, Florida consisting of three 271-unit towers with developer Gil Dezer of Dezer Properties. [1] The three identical towers are designed by the Miami based company Sieger Suarez Architects. [2]
Fort Myers real estate agent Claudia Springgay told NBC2 she’s also seen 1,000 more condos on the market this May compared to last year, pointing to higher association fees that have ...
Membership in a condo is obtained by buying the shares on the open market, most often through a real estate agent. No board approval is needed to buy shares, but in some cases other stockholders or the housing cooperative itself has the right to claim the stocks being sold. There is usually no requirement for the owner(s) to live in the condo.
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 ...