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Big Lender Leaves Florida
Episode 1475

Big Lender Leaves Florida

BiggerPockets Daily

October 25, 20246m 58s

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Show Notes

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.


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