Florida Housing Market Curveball: MASSIVE EXPENSES Coming For Condo Owners in Florida!

Massive Expenses coming for condo owners in Florida. There are several reasons for this Florida housing market curveball. For one, the Surfside Bill, which was passed in response to the Champlain Towers South collapse in 2021, will require a reserve budget for condo associations which will put pressure, especially on older condos to gather enough money to meet the reserve required for future expenses. This will hit many condo owners hard and will also affect the general Florida real estate market. Also, the rising home insurance situation will likely hit many condo owners in two different ways which we will discuss in this video. If you are planning to purchase or sell a Florida condo, this video is a must-watch. This video is also educational for those people that are following the Florida real estate market as the condo crisis will have an effect on the Florida housing market. ✅GET IN CONTACT WITH KATRIN: https://katrinp.com/ 917-543-8560 / [email protected] Areas served: Sarasota, Lakewood Ranch, Bradenton, Venice ✅REFERRAL TO A TRUSTED FL REALTOR OUTSIDE OF MY AREA: https://www.cognitoforms.com/KatrinPf... ✅GET YOUR FREE NEIGHBORHOOD NEWS STATS HERE: https://katrinp.com/neighborhood-news ✅GET YOUR FREE SARASOTA GUIDE: https://mailchi.mp/d8d007c3c21f/saras... ✅CHECK OUT ALL MY LINKS IN ONE AREA: https://www.liinks.co/katrinpfitzenre... ✅NEED A VIDEO WALK-THROUGH OF YOUR PROPERTY? : Video and web design: https://srqdigitalmedia.com/ ✅SAY HI ON SOCIAL:   / katrin_pfitzenreiter     / katrinthesarasotarealtor     / katrinpfitzenreiter   ✅SHOP MY T-SHIRTS (My Happy Place Florida Or Sarasota T-Shirts): https://florida-my-happy-place.myspre... ✅WOULD LOVE YOUR FEEDBACK: PLEASE TAKE THIS ANONYMOUS SHORT SURVEY: https://s.surveyplanet.com/eex0de3y PRODUCTS I RECOMMEND (AT NO EXTRA COST TO YOU): 🌟FLORIDA SURVIVAL PRODUCT LIST I RECOMMEND AND USE: ○ https://www.amazon.com/shop/sarasotai... 🌟FLORIDA LIVING SURVIVAL KIT / PRODUCTS I RECOMMEND AND USE FROM AMAZON: ○ Roach Swat: https://amzn.to/369qMSC ○ Roach Repellent: https://amzn.to/369sseS ○ Portable Power Station: https://amzn.to/3E895zz ○ Sunblock: https://amzn.to/3vfn7eG ○ Lip sunblock: https://amzn.to/3xvTBnP ○ Dehumidifier: https://amzn.to/3vg4Kq3 ○ Rechargeable Lanterns: https://amzn.to/3rlomba ○ Waterproof Rain Poncho: https://amzn.to/3jBhjH6 ○ 355 Piece First-Aid Kit: https://amzn.to/3KIPE2D ○ Insect Repellent: https://amzn.to/3xkVW4O ○ Front Windshield Sunshade: https://amzn.to/3uCWZew ○ HydroFlask Waterbottle: https://amzn.to/3Ec8P2j 🌟CAMERA GEAR I USE: ○ My Camera 1: https://amzn.to/37OD8jq ○ My Camera 2: https://amzn.to/3O6RAEn ○ VLogging Microphone: https://amzn.to/3M1HfYn ○ Rode Microphone: https://amzn.to/3jyLzST ○ Drone: https://amzn.to/3M14ykZ ○ Camera SD Card: https://amzn.to/3KSDqV6 ○ Drone SD Card: https://amzn.to/3LZ7E9e 🌟HELPFUL REAL ESTATE TOOL I RECOMMEND: ○ Analyze investment properties. Use coupon code BESTDEAL & get 20% OFF: https://dealcheck.io?fp_ref=katrin89 ---------------------------------- ➡DISCLAIMER: All content provided on this YouTube channel is for educational and entertainment purposes. The owner of this channel, Katrin Pfitzenreiter, makes no representations as to the accuracy of any information on this site. Information provided is subject to change, as they so often do in this fast-paced world. Katrin Pfitzenreiter or any of the channel guests will not be liable for any mistakes in this information. Katrin Pfitzenreiter or any channel guests will not be liable for any injuries or damages from the display or use of this information. Please consult with Katrin Pfitzenreiter directly to discuss the latest real estate situation as it is ever-evolving. Links included in this description may be affiliate links. If you purchase a product/service with the links I may receive a small commission. There is no additional charge to you though! Thank you so much for supporting my channel so I can continue to provide you with free content each week! Don't forget to subscribe to this channel :). See you in my next video. 00:00 - Condo vs Townhouse 01:54 - Condo/Townhouse Sales Data 03:11 - Surfside Bill 05:27 - Surfside Bill Condo Expenses 06:35 - What You Must Ask & Review 07:16 - Home Insurance Double Wammy 10:20 - Important Note