Florida condo owners are so desperate to sell mainly because of soaring costs associated with ownership. These include doubled insurance premiums, hefty special assessments for building repairs, and sharply increased homeowners' association (HOA) fees. Additionally, new state safety regulations imposed after the 2021 Surfside condo collapse have forced expensive structural inspections and upgrades, further driving up expenses. Many older condos (over 30 years old) have seen their values drop by around 22% in two years due to these factors. Financing has also become difficult, as many Florida condos are blacklisted by Fannie Mae for mortgage lending due to inadequate insurance or repair needs, limiting buyers' ability to purchase. All these elements have created a saturated market with declining prices, pushing owners to sell at significant losses or face unaffordable ongoing costs. Legislative efforts are underway to address some issues, but relief has not yet stabilized the market, causing widespread urgency to sell, especially for aging condominium buildings.