Just how much did the housing market increase in South Florida in 2024? Hey, I'm Andy with the Mandel team, and I'm here to bring you your 2024 housing market recap.

Normally when we do these videos, we talk about month over month what changed in the housing market. Since it's the beginning of 2025, I want to talk about what happened in all of last year in the areas where our team does the predominant amount of our business. So that's Boca Raton, Parkland, and Coral Springs.

We're going to talk about the single family home market. We're going to talk about the condo market because those are very, very different. And at the very, very end, we're going to give you our predictions for what's going to happen in 2025. So make sure you watch to the…

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Introduction

The tragic collapse of Champlain Towers South in Surfside, Florida, on June 24, 2021, shocked the nation and highlighted critical issues in building safety. This disaster, resulting in 98 lives lost and the destruction of 135 apartments, prompted significant legislative changes in Florida's condo safety regulations. In response, Florida enacted Senate Bill 4-D (SB 4-D) in 2022 and amended it with Senate Bill 154 (SB 154) in 2023, introducing strict safety measures for condominium and cooperative buildings. This blog explores these new laws, how they affect condo owners, buyers, and associations, and provides insights on staying compliant and safeguarding your investment.

The Surfside Collapse: A Catalyst for Change

The Impact of…

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