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- As the market braces for a potential downturn, Kupchan predicts “market volatility” will likely affect property values across the board, causing interest to shift away from condos to single-family homes and spurring “increased scrutiny and new regulations” for financial and safety stability in Florida’s condo market.
news.yahoo.com › news › experts-warn-florida-condo-market-162634127Experts warn Florida’s condo market could teeter on collapse ...
Sep 3, 2024 · As the market braces for a potential downturn, Kupchan predicts “market volatility” will likely affect property values across the board, causing interest to shift away from condos to single ...
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How will'market volatility' affect Florida's condo market?
What's wrong with Florida's condo market?
Why are Florida property prices falling?
Is Florida's housing market a tale of two states?
2 days ago · Here’s a deep dive look at recent shifts in condo and single-family home prices across the state—and in the rest of the country. Nationally, condo home values are up 2.4% year-over-year (YoY ...
4 days ago · While condo prices are down, they are well above where they were just four years ago. The median sales price was $315,000 in July, up 50% from $210,000 in July 2020, per the Florida Realtors. Only ...
6 days ago · Pre-Covid condo inventory in South Florida was just over 22,000. This was considered a healthy, balanced market before a pandemic-fueled buying frenzy took hold. During the pandemic, condo inventory plummeted, leaving roughly 8,300 condos in South Florida for sale in the second quarter of 2023.
Aug 16, 2024 · Recent headlines are sounding a warning that Florida's housing market could be in trouble. Affordability issues driven by record-high home prices and elevated mortgage rates have caused the...
Jun 6, 2024 · As new safety rules take effect, Florida’s condominium owners are struggling to adjust to the cost of the mandates, and a bad hurricane season could make things much worse.
Aug 10, 2024 · Florida's housing market is a tale of two states: On the coast, condo prices are falling, while inland, the cost of single-family homes is holding steady.
