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  2. Condo HOA fees jumped 60% in South Florida in past 5 years ...

    www.aol.com/condo-hoa-fees-jumped-60-090000798.html

    Miami-Dade County’s median monthly condo association fee of $900 from April through June this year is up more than 59% from the $567 fee over the same stretch in 2019, according to data from Redfin.

  3. ‘They can’t keep up with the payments’: Exorbitant HOA fees ...

    www.aol.com/finance/t-keep-payments-exorbitant...

    With an average median cost of $835 monthly, Miami condo fees are higher than any other area in Redfin’s review. ... Jacksonville condo sale prices fell 6.6% year-over-year based on July data ...

  4. 'It's sad': Florida's condo fee crisis could trigger the ...

    www.aol.com/finance/sad-floridas-condo-fee...

    New condo fees can be a big problem by themselves, but the situation is made worse by other high living costs. ... The average annual premium for a $300,000 dwelling in the state was $5,488 as of ...

  5. I bought a condo 1 year ago to escape rising rents - AOL

    www.aol.com/finance/bought-condo-1-ago-escape...

    Warren Buffett once said he’d buy a ‘couple hundred thousand’ American homes — and he’d take out 30-year mortgages to do it. Here’s how to ‘load up’ on US real estate in 2025

  6. Florida homeowners have no choice but to lower condo prices ...

    www.aol.com/finance/florida-homeowners-no-choice...

    Condo prices in Jacksonville dropped nearly 7% year over year, while Miami’s decreased almost 3%. ... Needing that cash on hand makes HOA fees higher—and more condo properties out of reach for ...

  7. Causes of the 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/Causes_of_the_2000s_United...

    Assuming a home cost of P dollars, yearly interest rate r fixed over N years, marginal income tax rate , property tax rate (assumed to be 0.5–2% of P), and yearly maintenance cost rate (assumed to be 0.5–1% of P), the monthly cost of home ownership is approximately [1]

  8. Common area maintenance charges - Wikipedia

    en.wikipedia.org/wiki/Common_area_maintenance...

    Cumulative caps allow the yearly percentage increase of the CAM Cap to accumulate. Thus, a yearly 5% cap would grow the cap each year by 5%, so that the first year it was a 5% cap, the 2nd year a 10% cap, the third year 15, and so on. Compounded caps allow the yearly percentage increase of the CAM Cap to grow at a compounded rate each year.

  9. Florida and Texas boomtowns are awash in a glut of condos - AOL

    www.aol.com/finance/florida-texas-boomtowns...

    It comes down to sky-high homeowners association fees and insurance costs, ... The median sale price for condos in Tampa fell almost 5% in a year, to $237,750; in Houston, the typical price ...

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