Wednesday, August 28, 2024

Why Condo HOA Fees Are Suddenly Surging in Florida

Condos in Florida
pisaphotography / Shutterstock.com

In Florida, condo owners are now facing two ugly realities: Soaring homeowners association fees and falling property values. Condo fees are skyrocketing in the Sunshine State, making it more difficult for owners to meet their monthly obligations. In four cities, fees were up more than 10% year over year as of July, according to a recent report from real estate brokerage firm Redfin.



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