Description
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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In today’s episode, we dive into the ripple effects of the Federal Reserve’s recent rate cuts on the mortgage market. Despite a much-anticipated dip in rates, refinancing activity has unexpectedly dropped, leaving many wondering what’s really driving these fluctuations.
From geopolitical tensions...
Published 11/18/24
Zillow reported that nationwide active inventory was up 22% year over
year in August, although it remained 31% lower than the pre-pandemic
level of August 2019. Meanwhile, new listings grew slightly monthly and
yearly but were 21% lower than the same month in 2019.
In a separate report,...
Published 11/17/24