New Fannie Mae guidance under Lender Letter LL-2026-03 offers South Florida condominium associations more flexibility on insurance deductibles and master policy structures, potentially lowering insurance costs. This may help more associations qualify for conventional financing, stabilize property values, and redirect funds toward reserves and maintenance. The shift ties financing eligibility to a building's financial health, emphasizing reserve funding, maintenance, and insurance planning for market stability.
Marco Island approved a Fiscal 2027 budget of $34.3M and held its property tax rate…
Preliminary estimates showed Marco Island market value at $23.4B, down ~2% yearly, while taxable value…
The percentage of homes going off market within two weeks in Marco Island jumped by…
In Q3 2026, the median list price in Naples, FL jumped 20% year-over-year. Sellers are…
The average sale-to-list price ratio in Marco Island rose by nearly 2 percentage points year-over-year.…
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest…