Market Disruption: Federal Government’s Planned Real Estate Sell-Off Raises More Questions Than Answers
A list of non-core properties owned by the federal government slated for potential disposal was released last week by the GSA.
Sales
South Florida Condo Prices May Drop Up To 40%, Analyst Says
Condo and townhouse sales across the region fell 19.6% year-over-year in November. The situation could worsen due to a new state law requiring stricter inspections for condo buildings over three stories tall and older than 25 years on the coast, or 30 years inland.
South Florida Condo Prices May Drop Up To 40%, Analyst Says Read More »
New Condo Laws Are Compelling South Florida Residents To Sell Their Homes — Here’s The Major Requirement And Why ‘Nobody Is Happy’
Recent state laws now require condos to maintain substantial cash reserves to cover major repairs and undergo inspections for buildings three stories or taller. These regulations are pushing more condo owners to sell their homes.
