Condo owners in Florida rush to sell as safety laws tighten

New safety regulations targeting condominium buildings in Florida are upending the state’s real estate market, leading to an influx of condo listings and financial challenges for many property owners. The safety regulations, signed into law in 2022, require all condominiums three stories or taller to undergo milestone structural integrity inspections.

Kelley A. Bergstrom Real Estate Center Research Director Bill Hughes shares his insight on the impact of the new safety regulations in this story from MPA Magazine.