Tag: HOA fees

Why Florida’s Housing Market Is Cooling Down Faster Than Expected

Archie Walsh
Florida's Housing Market

Florida Housing Market Experiences a Slowdown Florida’s housing market has witnessed a notable cool-down, with several metro areas experiencing a sharp decline in home sales over the past year. While Florida has been a hot spot for buyers and investors, recent trends indicate a shift in this dynamic, particularly in cities such as West Palm Beach. Home Sales Decline Across the State According to a report from real estate company Redfin, pending home sales in West Palm Beach dropped by 13.8% year over year during the four weeks ending November…

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Florida home insurance rate hikes lead to protest at 55+ community

Nordstrom
Home insurance - People Protesting

The demonstration broke out in response to skyrocketing premiums making their properties unaffordable. Hundreds of homeowners recently held a protest at their Florida 55+ living community called Century Village in response to the latest increase to their monthly home insurance fees. According to the seniors living in the community, many are being forced to sell because of this added cost. The Pembroke Pines, Florida community has been watching their monthly housing fees steadily climb due to the exploding home insurance costs as the state fights a crisis in its property…

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