Category: Uncategorized
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Florida by 2030: Rising Home Prices and Income Projections | Brought to you by The Cantrell Team
A recent study predicts a significant increase in Florida's avg home price by 2030, reaching $712K. Projected income for Florida residents in 2030 is estimated at $51K.
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Florida’s Housing Market Outlook: Next 5 Years | Brought to you by The Cantrell Team
Experts predict sustained population growth in Florida due to its climate, tax benefits, and retirement appeal. Strong demand coupled with limited housing supply will likely drive up home prices in Florida, especially in metropolitan areas.
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50 Florida Cities Where Homeowners Have the Worst Financial Stress
A study by GOBankingRates identified 50 Florida cities where homeowners face significant financial stress, despite some being in hot housing markets. Key metrics included population demographics, household income, unemployment, and cost of living. Miami Gardens ranked highest for financial stress, with average monthly expenditures of $2,302. Other cities in the top 10 included North Miami…
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When to Sell Your Commercial Property? | Brought to you by The Cantrell Team
Selling commercial Real Estate depends on financial strategy and market conditions. Plan for a six-month sales cycle, including preparation, marketing, and closing.
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How to Buy a Foreclosed Home
Foreclosed properties are sold at a discount but come with risks like repairs and title issues. Buyers can find them online or in newspapers. Getting a mortgage pre-approval is crucial. Renovation loans can help with repairs. Research the property's history for liens and title issues. Home inspections are vital as foreclosed homes are sold "as…
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Florida Law Mandates New Home Warranty | Brought to you by The Cantrell Team
Florida's new law requires a 1-yr warranty for all newly constructed homes starting Early-Q3 2025. The statute mandates that builders provide this warranty unless they already offer equivalent or better terms.
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Florida Housing: Crash or Correction Ahead? | Brought to you by The Cantrell Team
Experts predict a market correction in the Florida housing market, with potential price drops. Some housing experts foresee a market correction or crash due to current supply and demand trends.
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Florida Is The Case Study
High mortgage rates and rising listing prices have shifted many towards single-family rentals (SFRs), leading to increased demand. However, a recent report shows a 16.7% rise in SFR inventory and a 15.4% increase in days on the market nationally. The Southern states, particularly Florida, saw significant inventory growth, with rental prices stabilizing nationally but decreasing…
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Florida Condo Laws: New Rules for Safety and Transparency | Brought to you by The Cantrell Team
Florida passed a new law (Condo 3.0) to improve condo safety and transparency. The law strengthens oversight of condo boards, requires training for board members, and mandates record keeping.
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How to get a mortgage with bad credit
Buying a house with bad credit is possible but may result in high mortgage rates. Those with scores above 580 could consider FHA loans or government-backed mortgages. Improve your chances of mortgage approval by increasing your credit score or saving for a larger down payment. First-time homebuyers have specific programs to help them qualify. Different…