A new study finds more trouble among Florida’s robust condominium sector, with owners facing crippling financial demands and trying to offload their condos in a shaky market.
The Florida Policy Project, a nonpartisan research-focused organization launched by former Sen. Jeff Brandes, has found through its latest research project and analysis that condo listings among properties 30 years old or older are surging. The buyer market is also weak, as individuals face challenges in financing purchases on units that don’t meet current codes.
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