The three Florida retirement hotspots worst hit by HOA law that sparked mass condo sell-off - as real estate crisis deepens
Several retirement hotspots in Florida have been hit with spikes in the cost of Home Owners Association (HOA) fees on condos. Tampa, Orlando and Fort Lauderdale have all seen HOA rises of more than 15 percent in the last year, according to new Redfin data. HOA fees - paid by residents for general maintenance of the neighborhood or for condos in the shared building - are rising in the Sunshine State due to skyrocketing insurance costs.
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