BiggerPockets Daily Big Lender Leaves Florida
Oct 25, 2024
A significant lender has decided to withdraw from Florida's condo market, signaling potential turbulence ahead. The recent Surfside condo collapse adds pressure, spurring stricter regulations and skyrocketing insurance rates. Matt delves into how these changes can shift buyer preferences towards newer complexes, illustrating the evolving landscape of condo sales in the state. Facing these hurdles, both buyers and sellers must navigate a tricky market, but opportunities still exist for well-maintained properties.
Chapters
Transcript
Episode notes