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If you live in a Florida condo, you may be facing some unexpected challenges in the form of higher homeowner's association fees this year. A Redfin analysis found that HOA dues have risen sharply ...
Exclusive: Miami Herald received data from real estate firm Redfin to determine the average increase in HOA fees in South Florida since 2019. Condo HOA fees jumped 60% in South Florida in past 5 ...
This is not solely a Florida problem, though: Other markets around the country where HOA fees increased by double digits, the study found, include Ft. Worth, Texas (14.6 percent); Sacramento ...
Condo owners must begin reserve contributions in 2025 or 2026. Monthly condo assessment fees jumped by nearly 60% over the past five years in South Florida. Then there are the special assessments ...
Experts are predicting that the skyrocketing costs of condo ownership — driven by massive increases in homeowner association (HOA) fees and a slew of new safety regulations — are poised to ...
Florida is second in the nation for the most homeowner associations. But what do HOAs do? Can homeowners opt out? And what are the new HOA laws?
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 have ...
As a result, Florida's legislature passed a law in 2021 requiring HOAs to increase their reserve funds and institute a more frequent inspection regime at all Florida condominiums.