Skyrocketing insurance costs combined with elevated interest rates have hindered multifamily investment activity across Florida since the beginning of 2023. Many buyers have walked away from deals when they could not get them to pencil, and they have shown an unwillingness to pay yesterday’s prices in today’s investment environment.
Skyrocketing Insurance Costs in Florida Coming Back Down to Earth
Multifamily Investor Sentiment in Orlando Improving While Awaiting Fed Decision on Interest Rates
By Lisa McNatt
CoStar Analytics
August 5, 2024 | 4:34 P.M.
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