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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 ...
With an average median cost of $835 monthly, Miami condo fees are higher than any other area in Redfin’s review. While these price increases are astronomical, there are ample reasons why Florida ...
Condo prices in Florida are dropping while the U.S. average continues to rise. Florida homeowners have no choice but to lower condo prices as insurance and HOA fees ‘skyrocket,’ Redfin says ...
Condo inventory has risen 53% in Florida and 42% in Texas since last year. Buyers have been scared away from both states, partly because of rising HOA fees and insurance premiums.
It comes down to sky-high homeowners association fees and ... in Houston, the typical price plunged 6.5%, to $159,000. ... reasons behind the glut of condos in Texas and Florida boomtowns: fewer ...
The median sales price of a condo in the state of Florida fell 1.3% in July. ... "Condo fees are rising $500 or more each month or there's a one-time cutting of a check up to $10,000," Yun said ...
Miami-Dade County’s median monthly condo assessment fee of $900 from April through June this year is up 59% from the $567 fee over the same stretch in 2019, according to data from Redfin ...
Experts warn Florida’s condo market could teeter on collapse amid soaring costs and new safety rules ... HOA fees have surged by over 16% this year alone, far outpacing the average increase in ...