Condos built before 1994 flood the South Florida market, with prices falling due to oversupply. The number of condos for sale has tripled in two years, with longer selling times. Buyers avoid older buildings due to potential assessments. Newer condos like Circ Residences are preferred. Older condos may turn to rentals due to market stress. FAU economist predicts pressure on condo associations to allow rentals, increasing rental supply but displeasing owners.
Understanding Florida’s Homestead Exemption: A Guide for New Homebuyers in Miami-Dade and Broward
Buying a new home is an exciting milestone, but it comes with its own set of financial considerations. For residents in Miami-Dade and Broward counties,
August 10, 2026
No Comments
