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Owners of single-family homes need different insurance than condo owners, and if you live in a co-op you have a very specific set of insurance needs. Before you purchase an insurance policy ...
Condo owners have faced a domino effect of rising costs over the past two years. In 2022, state lawmakers banned associations from waiving reserve contributions — a form of savings for routine ...
Condo sales, on the other hand, are slow because the cost of both buying and owning a condo has surged. Homeowners insurance in Florida increased about 40% year over year in 2023—and a whopping ...
With condo owners slashing prices up to 40% and interest shifting to single-family homes, the market faces volatility, increased scrutiny and potential contraction as insurance companies raise ...
Rising utility costs and insurance costs paid by condo owners are a factor in affordable housing because these costs get passed down to the renter if the condo is a rental. And if the unit is ...
Home prices in Florida have increased 67% since 2020 and homeowners insurance was up 42% last ... the cost pressure on condo owners is providing an opportunity because many older properties ...
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related to: condo owner insurance costhomeinsuranceweb.com has been visited by 10K+ users in the past month
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