CT Condo News: Florida

Manatee County Condo Owners Launch PR Campaign To Force Builder To Deal With Their Moldy Homes

A group of 40 condo homeowners have banded together in the hopes that they could pressure KB Home to repair or buy their mold-ridden homes in Manatee County, Florida. The residents purchased their homes about six years ago and blame national home builder KB Home for their mold problems. According to residents their sales contract

Downtown Miami Condo Sales Prices Rose 9 Percent In Second Quarter

Condo owners in downtown Miami as seeing a welcome return to higher prices while shoppers are getting sticker shock. According to the Miami Herald’s Martha Brannigan, the average price of a unit rose from $371,205 last year to $404,927, comparing second quarter to second quarter. “The study by Focus Real Estate Advisors and Goodkin Consulting

South Florida Sunny Isles Beach Is Preparing For 530 new Luxury Units

The Miami Herald reports that Sunny Isles Beach appears to be the next condo boom in South Florida. This photo of Sunny Isles Beach is courtesy of TripAdvisor “It may be early in South Florida’s newest condo boom, but the modestly populated barrier island city of Sunny Isles Beach in Northeast Miami-Dade County is emerging

Smoking Is The Hot Button Issue In Ct Condos And Condos Throughout North America

From Connecticut to California and from Tampa to Toronto, condo board of directors are trying to determine how to deal with pressure from non-smokers who are demanding NO SMOKING zones throughout their projects – including in owners’ units. The battles are raging over smoking in outdoor areas like swimming pools at a Cheshire complex,  recreational

Feds And Florida Sue Timeshare Rental/Resale Operation For Deception

Allegedly Told Timeshare Owners They Had Renters or Buyers Lined Up for Their Properties The Federal Trade Commission and Florida Attorney General Pam Bondi brought legal action against a timeshare rental/resale telemarketing business and its owner for allegedly deceiving thousands of consumers throughout the country into paying up to $2,000 based on false promises that

South Florida Condo Market Entering New Positive Phase

With the for sale sign up on the last two major bulk sales of South Florida condos, investors have cashed out and taken their profits from buying blocks of condos. While low and mid level condo prices are still in the dumps, at least sellers won’t be competing with investors with large blocks of units

South Florida Condo Market Returning From Housing Bust

The condo market is South Florida is making a comeback. According to the Sun Sentinel bulk buyers have resold more than 60 percent of the coastal condominiums snapped up during the housing bust. “The investment groups have unloaded roughly 3,200 of the 5,100 units that were in or near foreclosure, said CondoVultures.com, a Bal Harbour-based