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Buying

Will Association Fees and Hurricane Insurance Derail Housing Recovery in Florida?

Two recent articles in the Miami Herald have me wondering if our fragile South Florida housing recovery is going to hit the skids.  The one in Monday’s business section talks about condo association fees and the one in today’s paper discusses the increase in windstorm insurance.  if you are getting ready to buy, make sure you keep both of these articles in mind and allow an extra cushion for increases.  If you already own, have either of these costs gone up for you yet?