After 36 years in Sarasota real estate, I’ve seen how changes ripple through our market—and the latest adjustments to condo lending rules are shaping up to be a real turning point. Now, full financial reviews and higher reserve requirements are making conventional loans for condos tougher to secure, especially here in Florida where condo living is so popular. I’m already seeing buyers explore options with portfolio and non-qualified mortgage lenders, despite continued strong demand for condos. For those navigating these changes, having a guide who knows the market inside and out can make all the difference. These shifts are just another reminder of why it’s important to have someone on your side who sweats the details, so you can focus on finding the Florida home that feels right.
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