Fannie Mae and Freddie Mac updated condo insurance and project standards, including ACV roof coverage and revised deductible ...
WARNING. FLORIDA’S CONDO OWNERS ARE STILL DEALING WITH RISING HOMEOWNER ASSOCIATION FEES AND INSURANCE PREMIUMS, ACCORDING TO REALTOR.COM. THE AVERAGE SALES PRICE FOR A CONDO IS DOWN FROM LAST YEAR.
Issues with HOA master insurance coverage, including the ability for the HOA to deliver paperwork in time, is imperiling home sales.
Florida's condo market is currently favoring buyers with decreasing prices, although homeowners continue to face rising insurance costs, particularly in coastal regions. Heading into the new year, the ...