Recent Posts by Barry Frette

HOA and Condo-Related Squabbles Result in Problems with Securing Insurance

HOA and condo-related squabbles indicated by the magnitude of past litigation and claims deter insurers from offering coverage, leading to higher premiums. Condo associations and HOAs in South Florida face disputes with allegations of election meddling, fund misappropriation, insider deals, and poor maintenance despite increased assessments. New leadership in some associations is addressing these issues,…
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Florida’s growing condo crisis amid upcoming association deadlines

Florida's growing condo crisis means that owning a unit in an older condo building is becoming more expensive due to new laws requiring associations to fund financial reserves and ensure building repairs and maintenance. Additionally, insurance costs for some complexes have doubled or tripled in recent years. Those whose units and associations are in buildings…
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April 2024 Market Update Palm Beach County

The April 2024 Market Update for Palm Beach County indicates that as summer grows near, at a time of year when more consumers arrive in South Florida, Palm Beach County's inventory has increased to 5,017 active listings, which represents a staggering 37.8% jump from last year, with a 4.4 months supply of inventory. In April…
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Cost vs Value Report

This cost vs value report can help you get the most bang for your buck when choosing renovations to ensure the best resale value for your property. You may be surprised to find that some of these remodeling plans will not really improve the property's bottom line. Take a look! Click here for a clickable…
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