Florida condo associations are struggling to secure adequate insurance, impacting residents' ability to refinance mortgages. Fannie Mae's blacklist of condo associations has tripled much of it due to ...

WARNING. FLORIDA’S CONDO OWNERS ARE STILL DEALING WITH RISING HOMEOWNER ASSOCIATION FEES AND INSURANCE PREMIUMS, ACCORDING TO REALTOR.COM. THE AVERAGE SALES PRICE FOR A CONDO IS DOWN FROM LAST YEAR.

In the years between the collapse of the Champlain Towers South condo building in Surfside and hurricanes Helene and Milton, the average annual insurance premium for condominium owners jumped by over ...