Event JSON
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"‘I'm definitely taking a hit economically’: Florida condo market slumps as prices fall, listings surge"
],
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"The condo market in South Florida has seen a significant shift, with many owners struggling to keep up with increased costs and regulations. The Surfside Champlain Towers collapse has led to new laws requiring buildings to have extra cash reserves, resulting in higher condo fees. As a result, many owners are selling their units, creating an abundance of inventory on the market. This has led to a buyer's market, with lower prices and more options for buyers. However, it's essential to be cautious when buying a condo, as there may be hidden damage and increasing costs."
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