Florida Condos: The Future Is Uncertain. Florida condos are facing a decline in sales due to various factors, primarily related to rising insurance and homeowners association (HOA) fees. The high cost of home insurance has contributed to a decrease in condo sales, as potential buyers may find it financially burdensome. Additionally, HOA fees, which are associated with condo ownership, have increased, further impacting the affordability of condos in Florida. The combination of these factors has led to a slowdown in condo sales, with reports indicating a notable drop in sales volume and a decrease in property values.
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16 сен 2024