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Rising condo sales signal opportunity as Florida market stabilizes

Florida condo and townhouse sales rose 7% year over year in April, with pending sales up nearly 15%, indicating strengthening buyer demand. After disruptions from new safety regulations post-Surfside collapse, the market is stabilizing despite longer sale times due to financing and reserve complexities. Condos remain a more affordable option amid statewide housing affordability challenges, offering new opportunities for buyers and sellers.

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Karen

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