As Florida Condo Prices Fall

Florida's condo market looks shaky. Could the bottom fall out?

The median sales price of a condo in the state fell 1.3% in July, the latest figures available showed, marking the first year-over-year decline going back to ...

Florida's Condo Crisis: Why Condo Sales are Plummeting |

During the pandemic, condo inventory plummeted, leaving roughly 8,300 condos in South Florida for sale in the second quarter of 2023. In the ...

Once a retirement haven, Florida's condo crisis is pricing seniors out

Once a retirement haven, Florida's condo crisis is pricing seniors out · Lawsuits against insurers declined again this year. · Florida now has 4 ...

Florida Condo Prices 'Collapsing' Due to HOA Fees Surge—Real ...

Plummeting Condo Prices and High HOA Fees: Condo prices in Florida are falling sharply, with one example showing a 40% reduction in asking price ...

Experts warn Florida's condo market could teeter on collapse

Real estate expert Steven Kupchan warns of a “worst-case scenario” in which condo associations could go bankrupt due to unsustainable repair and insurance ...

Florida's condo market is passing through a home price correction

Condo prices are falling in 18 of Florida's 25 largest metro areas. Here's how that compares to the rest of the country.

Florida condo crisis escalates as sales and prices plummet - Daily Mail

Condo sales in Fort Lauderdale have plummeted due to the state's ongoing real estate crisis with the number of apartments sold having dropped to 14 percent in ...

Condo prices in Florida are collapsing. 40% reductions ... - YouTube

Florida's condo market is undergoing a collapse right now, with some listings featuring 40% price reductions.

As Florida Condo Prices Fall, What's a Condo Seller to Do? | Kiplinger

Condo prices in Florida have been steadily falling, fueled by an increasing rate of motivated sellers. Certainly, high interest rates are a part of this trend.

Florida's Real Estate Market Is Divided: What To Know If You're ...

Condo prices are down around 12% since the peak of demand in 2022, while single-family homes are roughly even compared with the same time. In ...

Florida Condo Prices 'Collapsing' Due to HOA Fees Surge—Real ...

Disaster struck with the partial collapse, on June 24, 2021, resulting in 98 deaths. Thirty-five people were rescued from the remaining ...

Why Condo HOA Fees Are Suddenly Surging in Florida

In Florida, condo owners are now facing two ugly realities: Soaring homeowners association fees and falling property values. Condo fees are skyrocketing in ...

They Came to Florida for a Slice of Paradise. Now They Are Packing ...

However, real estate agent Ben Johnson said environmental factors could cause prices to drop 3%-5% by the end of this year. ... Once a retirement ...

SHOCKING NEW DATA Reveals MASSIVE PRICE COLLAPSE in ...

The Florida housing market is facing a potential condo crisis that could lead to significant price drops in the near term.

Condo buyers gain leverage in Miami-Dade as prices fall

Miami-Dade's condo prices fell annually to $415000 in August and inventory grew to nine months of supply, the highest amount since early ...

Florida's Condo Prices Are Falling As Cost of Insurance and HOA ...

Prices of condos in major Florida metros are dropping year over year, and sales are declining. New condo listings are soaring as sellers try to ...

Post-Surfside, old condos crowd the South Florida market for sellers

The early morning partial collapse of the Champlain Towers South building in 2021 killed 98 people. It led to a series of condominium reforms ...

Are condo sellers down on their luck? Miami-Dade and Broward feel ...

Condo sales in Miami area and Broward fell by 2% and 5%, respectively. But sale prices stay stable as buyers prefer newer buildings.

Florida and Texas Condo Supply is Piling Up As Sales Slow ... - Redfin

Condo inventory is soaring and pending sales are dropping in major Florida and Texas metros like Miami, Jacksonville, Austin and San Antonio ...

South Florida condo market faces risk of collapse amid rising costs ...

A new report from UBS shows that Miami is the market most at risk for a bubble burst, particularly in the condo sector.