Category Archives: Latest News

  • Home
  • Category Archives: "Latest News"

June 2024 Market Update Palm Beach County

June 2024 Market Update Palm Beach County
In June, Palm Beach County saw 1,640 new listings and maintains 5,170 active listings, reflecting a steady inventory compared to the previous month. With 1,765 pending sales, the county shows promise for future closed sales in the coming months as more individuals move south in search of their ideal homes. Click here for the full…
Read more

May 2024 Market Update Palm Beach County

May 2024 Market Update Palm Beach County
The May 2024 Market Update for Palm Beach County reported 1,439 sales this month, matching last year's figures. The county's inventory has grown, with 5,108 active listings and 1,313 pending sales last month. Click on the images below for an enlarged view, and Click Here to read the full report. [gallery ids="19551,19552,19553"] When you're looking for a local…
Read more

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

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,…
Read more

Florida’s growing condo crisis amid upcoming association deadlines

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…
Read more