In recent developments regarding the condo market, local real estate agents have reported varying impacts on different complexes. While some areas have not been significantly affected, there has been a noticeable decline in the value of units in certain complexes. This shift in the market has caught the attention of industry experts and is a topic of concern for those involved in the mortgage industry.
Key points from the text include:
– Local real estate agents have not seen a major impact on the condo market overall
– Some complexes have experienced a decrease in the value of their units
– This development has raised concerns among industry experts and professionals in the mortgage industry
You can read this full article at: https://www.housingwire.com/articles/double-whammy-florida-condo-market-grapples-with-rising-insurance-costs-milestone-inspections/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
