Miami condo market is flooded with sellers of aging condos due to stricter regulations coming into effect in 2025. The new regulations require inspections and repairs for older condos, potentially raising condo association fees. Condo owners fear their property values will plummet after inspections reveal structural problems. Buyers are avoiding older condos and...
Miami Condos
Miami-Dade County condo sales and dollar volume ↓ during the July 4th week. Condo dollar volume ↓ from $126M to $56M, while the number of sales ↓ by over half. The avg price of condos sold ↓ from $743K to $619K....