Condo associations failing to comply with Florida's new building-safety legislation could be denied coverage by the state's insurer of last resort, Citizens, under a bill proposed by Miami State ...
Florida condo associations are struggling to secure adequate insurance, impacting residents' ability to refinance mortgages. Fannie Mae's blacklist of condo associations has tripled much of it due to ...
WARNING. FLORIDA’S CONDO OWNERS ARE STILL DEALING WITH RISING HOMEOWNER ASSOCIATION FEES AND INSURANCE PREMIUMS, ACCORDING TO REALTOR.COM. THE AVERAGE SALES PRICE FOR A CONDO IS DOWN FROM LAST YEAR.
For Fran Sullivan, living in a Florida condo has become financially unbearable. “I've seen my condo HOAs at $450, double in two years to $900, and I've seen thousands of dollars in assessments. That’s ...
In the years between the collapse of the Champlain Towers South condo building in Surfside and hurricanes Helene and Milton, the average annual insurance premium for condominium owners jumped by over ...
Florida condo associations are struggling to secure adequate insurance, impacting residents' ability to refinance mortgages. Fannie Mae's blacklist of condo associations has tripled much of it due to ...
Florida's condo market is currently favoring buyers with decreasing prices, although homeowners continue to face rising insurance costs, particularly in coastal regions. Heading into the new year, the ...