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Why Florida’s Condo Owners Are So Desperate to Sell

Summary by Ground News

Florida is contending with a condo crisis, and the ballooning costs of ownership are a big reason why. Retirees Rob and Karen Dickson moved from upstate New York to Punta Gorda, Fla., in 2021. They paid $319,000 for a condo with a terrace on the third floor, overlooking a golf course inside their gated community.

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The Business Journals

Condo market hit hardest as South Florida housing sales dip

Home prices have started to soften amid rising inventory levels.

5 days ago·United States

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Reposted by

Le Journal de Quebec

Condo owners in Florida desperate to sell

Florida is facing a condominium crisis, and the dizzying rise in property costs is a major cause.

7 days ago·Montreal, Canada

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Wall Street Journal

Reposted by

South Florida Reporter

Why Florida’s Condo Owners Are So Desperate to Sell

Insurance increases, special assessments and limited financing options have elevated costs beyond what many can bear

7 days ago·New York, United States

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Coverage Details

Total News Sources5

Leaning Left1Leaning Right0Center2Last Updated5 days agoBias Distribution

67% Center

Bias Distribution

67% of the sources are Center

67% Center

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Wall Street Journal broke the news in New York, United States 7 days ago on Wednesday, April 23, 2025.

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