article thumbnail

Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

Condo sales in particular have experienced a significant decline in recent weeks which can be attributed to the ongoing insurance crisis in the state and to the increased association fees and/or added special assessments for condos due to the more stringent regulations resulting from the tragic Champlain Tower Collapse in Surfside, Florida.

article thumbnail

How Much Income You Need To Buy A Home In West / Southwest Houston

Houston Properties

We used the following assumptions for calculating monthly PITI (principal, interest, taxes and insurance) using data from [link]. The neighborhood median HOA fee (If applicable. annual insurance costs. annual insurance costs. We have dedicated people doing staging, marketing, social media, open houses and showings.