Aging condo buildings face critical issues, including maintenance backlogs & insufficiencies in reserves (FL)

/ Owner - September 13, 2024

Aging South Florida condos face critical issues, including maintenance backlogs, insufficiencies in reserves, and potential financial burdens on owners due to special assessments.  The situation has raised concerns about declining property values and the long-term viability of these structures.  Inventory is up. Prices are down, and buyers are weary of aging condo buildings.   Read the article…………………………….

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