A wave of financial strain is sweeping through Florida’s condominium market, pushing owners to the breaking point and flooding the area with for-sale signs. Skyrocketing insurance premiums, unexpected ...
The median price of a condo sold in Miami-Dade County hit its lowest level in three years in November. More units for sale ...
Florida condo owners face renewed challenges with a proposed bill in the Florida Legislature threatening to roll back recent protections, as a back-and-forth battle between the developers’ lobby, ...
FILE: A giant tarp, bottom, covers a section of rubble where search and rescue personnel have been working at the Champlain Towers South condo building in Surfside, Fla., on July 4, 2021. Money from ...
Widespread price reductions and surging inventory A record 68.4% of condos sold below asking price in February 2025, signaling a significant cooldown in the condo market. Florida is at the forefront ...
South Florida commonly attracts homeowners who want glorious beach views and warm weather. But new state laws require condos to have sufficient cash reserves to cover any major repairs and conduct ...
Today’s column is the fifth installment exploring the 2025 changes to the statutes made by House Bill 913. Today’s topics, changes to the statutes on year-end financial reporting requirements and ...
Older condo units are flooding the market but demand has dried up. The Florida condo market is recalibrating, as changes to the Condo Act tank the market for 30-plus year old condos, creating ...
MIAMI (AP) — 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 ...
The disconnect in the South Florida condo market deepend in the third quarter, as newer inventory continued to fly off the shelf at higher prices, while older stock piled up and lost value, according ...