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Episode 99: From Surfside to Short Sales: Florida’s Condo Crisis
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This week on the TNT Business Podcast, we’re joined by Natascha Tello, Operating Partner with Keller Williams in South Florida, to dig into what’s really going on in Florida’s housing market, especially in the condo and townhouse space.
While most headlines blame skyrocketing insurance rates, Natascha reveals the deeper issues stemming from the 2021 Surfside condo collapse, including new state-mandated reserve funding, mandatory milestone inspections, and rising maintenance fees that are driving inventory up and buyer demand down.
We also explore:
- How changes in condo law are impacting affordability and sales
- Why some well-maintained buildings are still getting overlooked
- The return of short sales after more than a decade
- A significant pullback from Canadian and international buyers
- What Florida’s insurance crisis really looks like and how to build smarter
Whether you're a buyer, seller, or agent in Florida (or thinking of investing there), this episode is a must-listen.
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