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News

5/27/2025 Engineering expert weighs in on structural concerns at Clearwater condominium - Fox 13 Tampa Bay

About sixty people must wait for another three days until they can return to their Clearwater condominium after concerns over its structural integrity.
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5/15/2025 Legislature passes revamp of Florida condo laws - ABC

Saying they are responding to residents’ concerns about rising costs, the Florida Legislature on Wednesday signed off on proposed changes to condominium-safety laws passed after the 2021 collapse of the Champlain Towers South building in Surfside that killed 98 people.
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4/28/2025 Florida House approves condo bill. Can a deal be reached with the Senate? - Miami Herald

The Florida House on Wednesday overwhelmingly approved a plan that aims, in part, to ease financial strains on condominium owners, setting up negotiations with the Senate before next week’s scheduled end of the 2025 legislative session.
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4/23/2025 Why Florida condo owners are scrambling to sell — and why it’s overwhelming the market - NY Post

A wave of financial strain is sweeping through Florida’s condominium market, pushing owners to the breaking point and flooding the area with for-sale signs.
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4/18/2025 Gov. Ron DeSantis Weighs In on Florida Condo Crisis, Backs Senate Plan Over House Proposal - Space Coast Daily

Governor Ron DeSantis issued a statement addressing Florida’s ongoing condominium affordability crisis, highlighting the financial strain recent legislation has placed on residents—particularly seniors living on fixed incomes.
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4/10/2025 Florida Condo Market In 'Uncharted Territory' - Newsweek

Condo prices are plummeting across Florida as homeowners flood the market with new inventory in a last-ditch attempt to escape rising fees on their units, according to new Redfin data.
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4/8/2025 Fannie Mae's secret blacklist prevents Florida condo sales, mortgages - MPA Magazine

A growing number of condominium owners across Florida are discovering they’re unable to sell or refinance their homes, often blindsided during a transaction, due to their building being placed on Fannie Mae’s secret mortgage “blacklist.”
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3/27/2025 Proposal to withhold Citizens insurance is sticking point in Florida condo bill - Tampa Bay Times

Florida lawmakers pushing for adjustments to condo safety laws have hit an early impasse over two proposals: one that would allow condo associations to invest funds that have been saved for future building repairs, and another barring associations that shirk the law from getting insurance under the state-run Citizens program.
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3/17/2025 Seniors from Lake Clarke Gardens going to Tallahassee to voice concerns over condo fees - Fox 29

Seniors from Lake Clarke Gardens, near Lake Worth Beach, are taking their concerns over the rise in condo costs into their own hands. Fees that are hitting many of their budgets as condo owners throughout Florida are being forced to pay thousands to cover the costs.
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3/6/2025 Tales from the Florida condo crisis: Homeowners describe hardships after cost hikes - Sun Sentinel

Many Florida condo owners are angry about cost increases they didn’t expect and how those increases are eroding their buying power.
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2/26/2025 Condo prices and sales keep falling in South Florida, except Palm Beach County - WLRN

Palm Beach County condos were the exception to the months-long drop in prices and sales activity across South Florida.
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2/21/2025 Cheapest Places to Live in Florida by the Beach in 2025 - Norada

Picture yourself waking up to the sound of crashing waves, stepping outside into the warm Florida sun, and strolling along pristine beaches. Imagine experiencing all of this without breaking the bank. In this article, we will explore the affordable coastal living options in Florida, specifically highlighting the cheapest places to live by the beach.
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2/18/2025 Florida lawmakers say no financial aid is coming for condo repair costs - Gulf Coast News Now

If you want to add a new roof to strengthen your condo, Florida lawmakers say you shouldn't expect financial assistance to cover rising costs. After the Surfside condo collapse in 2021 that killed nearly 100 people, laws were passed that require older condos to do milestone inspections - and set aside money for big repairs.
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2/6/2025 Florida's condo crisis at its breaking point. Tallahassee lawmakers must act. | Opinion - Palm Beach Post

A quality of life that for so long has been attainable for those of us of moderate income now threatens to slip beyond our reach. Condo living, which for decades has drawn millions of out-of-staters to Florida's warmth and coastal bounty, is increasingly too expensive to sustain, particularly for retirees.
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1/29/2025 Jupiter Ocean Grande closing tops Palm Beach County weekly condo sales - Palm Beach County Weekly

Palm Beach County’s condo sales and dollar volume dropped in the fourth week of January.
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1/16/2025 DeSantis says Florida House is standing in way of condo reform - Tampa Bay Times

Gov. Ron DeSantis said Wednesday that he and the Florida Senate are ready and willing to address a financial crisis for condo owners created by a new law that aims to prevent another Surfside tower collapse — but said state House leaders are blocking meaningful action.
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1/9/2025 Condo concerns: A Gulf Coast housing market update - ABC

When it comes to living in the Sunshine State, the high-rise beachfront condo is about as Florida as it gets. But for millions of Florida condo dwellers — and by extension, those in the market for condos — new state laws enacted after the 2021 collapse of a 12-story condo building in Surfside are having a significant impact on where they live — and how much paying for that lifestyle could cost.
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1/3/2025 My Safe Florida Condo gets mixed reactions as pilot program rolls out - WPTV

The condo version of the My Safe Florida Home program is now officially up and running, open to condo associations for grants to make storm-related improvements.
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1/2/2025 Elon Musk’s Potential $100 Million Condo Purchase Would Be a Boon to West Palm Beach, Florida - Mansion Global

Elon Musk is now worth $400 billion, more than any person that has ever walked the earth. And if the rumors are true, he may choose to spend 0.025% of that on a penthouse in West Palm Beach, just across the bridge from Palm Beach, where President-elect Donald Trump presides at Mar-a-Lago.
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12/17/2024 Condo owners in Florida rush to sell as safety laws tighten - MPA

New safety regulations targeting condominium buildings in Florida are upending the state's real estate market, leading to an influx of condo listings and financial challenges for many property owners.
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