'I'm definitely taking a hit economically': Florida condo market slumps as prices fall, listings surge

By Yahoo! Finance   |   2 weeks ago
'I'm definitely taking a hit economically': Florida condo market slumps as prices fall, listings surge

Changes in regulations and rising ownership costs have led many South Florida condo owners to sell their units simultaneously, flooding the market. Sellers like Michael Leccese are struggling to find buyers amidst increased expenses, with many residents facing financial strain due to soaring maintenance fees and assessments.

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