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Published 2 months ago

High insurance costs dragging down Florida condo prices, Redfin report says

Summary by Ground News
Redfin agents report that Florida's condo sales are slow because the cost of buying a condo has shot up. Attorney Jim Brown said there are several factors affecting condos now. Earlier this month, condo insurer Castle Key cited more frequent severe storms, high repair costs and reinsurance in seeking a rate increase.

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