Community Association Headline News

Florida Condo Fees Crisis Could Trigger ‘Next Wave of Homeless People,’ Lawmaker Says

Mon, 03 Feb 2025 15:53:38 +0000

Florida condominium owners are begging for relief after a new building safety law passed in the aftermath of the deadly Surfside collapse burdened them with staggering fees—and one lawmaker is warning that it could trigger the “next wave of homeless people.” The issue of condo safety has become a lightning rod in Florida since Senate Bill 4D was passed in 2022. Read the article…………………………….

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New Florida law governs oversight, brings financial bite

Sun, 02 Feb 2025 15:29:44 +0000

A new law has transformed the condominium market in Florida, forcing owners to change their financial plans. The laws have been prompting many owners to sell their condos now, because the bills have come due and they cannot afford to pay them. Read the article…………………………….

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From boom to correction: 5 reasons Florida’s housing market has weakened

Sat, 01 Feb 2025 20:43:36 +0000

Condo prices are declining in 92% of Florida’s housing markets, while single-family home prices are falling in 66% of Florida’s housing markets. Here’s why. Read the article…………………………….

The post From boom to correction: 5 reasons Florida’s housing market has weakened first appeared on Community Associations Network.

Important Insights from Florida’s Former Condominium Ombudsman

Wed, 29 Jan 2025 17:12:25 +0000

Today’s episode takes us further on that path as host Donna DiMaggio Berger sits down with Spencer Hennings, who brings firsthand knowledge as Florida’s former Condominium Ombudsman about the types of owner complaints he saw time and again while serving in that role. Appointed by Governor Ron DeSantis in 2020, Spencer served in this critical role until 2023, resolving thousands of condominium disputes, acting as the state’s liaison during the Miami-Dade Surfside condo collapse, and helping to draft impactful condominium legislation at both local and state levels. Listen to the podcast…………………………..

The post Important Insights from Florida’s Former Condominium Ombudsman first appeared on Community Associations Network.

Condo Rising on the Site of Collapsed Surfside, Florida, Tower Launches Sales of Uber-Luxury Units

Wed, 29 Jan 2025 14:59:29 +0000

Developer Damac Properties is launching sales at an uber-luxury condominium building in Surfside, Florida, that will replace the collapsed Champlain Towers South, with units at the new project starting at $15 million, the company announced Tuesday. Read the article…………………………….

The post Condo Rising on the Site of Collapsed Surfside, Florida, Tower Launches Sales of Uber-Luxury Units first appeared on Community Associations Network.