A record 68.4% of condos sold below asking price in February 2025, signaling a significant cooldown in the condo market. Florida is at the forefront of this shift. Condos, traditionally seen as affordable, are becoming less attractive due to escalating HOA fees, insurance costs, and new safety regulations. The average condo sold for 4.6% below list price, and in some markets. Read the article…………………………….
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March 9, 2022
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