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Miami Condo Investing Club™ Focuses On Florida's 2025 Condo Association Financial Cliff At Monthly Meeting
Manage episode 428467994 series 3242606
Peter Zalewski에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Peter Zalewski 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Watch the Club's Monthly Meeting for July 2024 that was hosted by Miami condo expert Peter Zalewski. Miami condo expert Peter Zalewski - who is a former business journalist, Wall Street consultant, expert witness and licensed Florida real estate buyside broker - discussed the opportunities and pitfalls for buyers and sellers due to the rapidly approaching 2025 Florida Condo Association Financial Cliff.
Zalewski spoke for about 75 minutes at the third Monthly Meeting of the Miami Condo Market Investing Club™ that was held at Noon (EST) on July 10, 2024.
(Please note, this is a segment from the Monthly Meeting video. To watch the entire video, you have to be a member of the Miami Condo Market Investing Club™. To join, please visit: https://condovultures.com/membership/)
A lot has changed since June 24, 2021 when the Champlain Towers South collapsed on the barrier island in Miami-Dade County. Nearly 100 people died and a $1 billion settlement was reached with the families of the victims.
Some industry watchers have compared it to an inflection point on par with the Category 5 Hurricane Andrew that devastated South Miami-Dade County in August 1992.
Since the 2021 collapse, older units are said to be tougher to sell, insurance prices are spiking year-over-year and association maintenance fees and special assessments are squeezing owners to the brink.
The discussion also focused on the South Florida condo stats for the first six months of 2024, a new four-part video series that provides a narration of the Florida Condo Act and the outlook for the tricounty market.
We crunch a lot of statistics each week and then publish the results byway of a series of reports posted on CondoVultures.com.
If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com
Additionally, we encourage you to listen or view our podcast wherever you get podcasts. Additionally, the podcast is available on Apple, Spotify and/or YouTube.
This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com
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