Big Lender Leaves Florida

On this episode, Matt discusses the recent decision by Provident Funding Associates to exit the Florida condo market, highlighting the implications for the real estate landscape in Florida. He explores the challenges faced by lenders, including rising insurance rates, stricter regulations, and the impact of the Surfside condo collapse. The discussion also touches on the potential shift in buyer preferences towards newer complexes and the overall decline in condo sales. Subscribe to the BiggerPockets Channel for the best real estate investing education online! Become a member of the BiggerPockets community of real estate investors - https://www.biggerpockets.com Learn more about your ad choices. Visit megaphone.fm/adchoices