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News

4/28/2025  Florida House approves condo bill. Can a deal be reached with the Senate? - Miami Herald
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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12/13/2024  Real Estate A Florida ‘condo cliff’ is coming as owners deal with fallout from 2021 Surfside collapse - CNBC
12/13/2024  Real Estate A Florida ‘condo cliff’ is coming as owners deal with fallout from 2021 Surfside collapse - CNBC
After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings that are at least 30 years old, as was the Champlain tower that fell, have to undergo special inspections, make repairs and gather reserve funds for future maintenance. The deadline is at the end of this month.
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12/9/2024  New Florida Legislature leaders take control in Tallahassee, no plans for condo special session - Click Orlando
12/9/2024  New Florida Legislature leaders take control in Tallahassee, no plans for condo special session - Click Orlando
Fiscal belt-tightening is coming in Tallahassee, according to Florida’s new legislative leaders who took their oaths of office Tuesday.
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Recent Articles

Financial, Physical, & Operational Health
As Costs Rise, So Do Carrying Charges
As Costs Rise, So Do Carrying Charges
Electric Car Charging Stations
New Services Add Value in Post-Pandemic Co-ops & Condos

Recent Comments

Kathryn M Caputo on Q&A: Changing the Bylaws:
If the State of Florida should not approve amended bylaws for any reason after approval by the shareholders, what must the BOD and/or shareh…
Marlene on Q&A: Returning Surplus Funds:
Are you able to give me an opinion on a $51,000.00 refund check that has created surplus funds from an insurance overpayment? The directo…
ed on Q&A: Stock Certificates and Co-ops:
A sale of a co-op Mobile Home Park happened here in Florida recently. A large corporation made a buyout offer and a majority of sharehold…
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I live in Hernando Oaks in Brooksville. I moved here from another HOA which I was a member of the BOD for years. The situation here is a m…
Dagoberto Castillo on 40-Year Inspections:
I’m aware that, the 40-year inspection is a critical requirement for buildings and structures in this region. It ensures the safety and stru…

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