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 ...
FILE - Realty signs indicating homes for sale hang in front of properties in the Coconut Grove neighborhood of Miami. Condominium prices kept falling and the number of units for sale kept climbing in ...
ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. Realtor Leslie Pires of Bustamante Real Estate in Orlando ...
The Sunshine State's condo market, which once offered residents affordable housing options, is on the verge of a crisis that could bring owners to their knees, according to experts. A new law ...
A slow-motion crisis is unfolding in Florida’s condo market, threatening to upend the state’s image as a haven for retirees and reasonably priced beach living. Owners of the state’s older condos are ...
Condominium sales across South Florida continue falling. The number of condos sold in August fell by double digits compared to a year ago as thousands more condos hit the market looking for buyers, ...
MIAMI — 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 ...
An increasing number of condos are sitting on the market as the divide between buyers and sellers continues to widen. Potential condo buyers are abandoning deals, spooked by high prices, rising ...