Category: Uncategorized
-
How Low Will Florida Prices Fall if the Market Crashes? | Brought to you by The Cantrell Team
Active listings in Florida surged to 141K in July 2024, a 70% increase yearly and a 276% rise from pandemic lows. The surge in inventory signals a shift, with potential downward pressure on prices in H2 2024.
-
Florida Home Hardening Grants on Hold | Brought to you by The Cantrell Team
The My Safe Florida Home program paused initial inspections due to running out of funds. Applications submitted before July 10 will be processed, but new applications are on hold.
-
3 Best Florida Cities to Buy Property in the Next 5-Yr | Brought to you by The Cantrell Team
If you’re considering moving to Florida for retirement or work, you should bookmark cities where Real Estate will be profitable soon.1. Pompano Beach: Benefits include no income taxes, access to hospitals, airports, metropolitan conveniences, and top charter schools.
-
Florida Housing Market Predictions 2024-2029 | Brought to you by The Cantrell Team
Home values expected to rise steadily, though at a slower pace than recent years. An increase in inventory levels could lead to a more balanced market, easing buyer competition.
-
These 8 Florida Cities Are Becoming More Affordable | Brought to you by The Cantrell Team
Ocala, with a median home price of $290K, offers affordable living and avoids bidding wars. Gainesville's median home price is $260K, significantly lower than Florida's median home price.
-
4 ways to get the best home equity loan rate
Potential homebuyers face challenges due to high mortgage rates and low inventory. Homeowners benefit from increased home equity, with an average of $300,000 available. Home equity loan rates are around 8.6%, making them a cost-effective borrowing option. To secure the best rate, shop around, ensure financial stability, consider paying points upfront, explore alternatives like HELOCs,…
-
Florida: Local Home Sales Cool as Prices Stabilize | Brought to you by The Cantrell Team
Northeast Florida's Real Estate market has stabilized with increased inventory and modest price changes. Late-Q2 saw a 1.3% rise in the median price of single-family homes to $405K.
-
How Do Florida’s New HOA & Condo Laws Impact You? | Brought to you by The Cantrell Team
Condo associations must conduct regular reserve studies, provide annual financial reports, and carry out mandatory structural inspections.Homeowners gain more rights against HOA boards and should attend meetings to stay informed and proactive.
-
2 Ways to Get a Great 30-Year Mortgage Rate
The average 30-year mortgage rate has decreased to 6.87%, down from 7.00% the previous week and much lower than the 7.90% peak in October 2023. To find the best mortgage rates, it's crucial to shop around and improve your credit score. A higher credit score can lead to significant interest savings over the life of…
-
Florida Grants up to $35K for Homebuyers | Brought to you by The Cantrell Team
The Florida Hometown Heroes Housing Program offers up to $35K for first-time homebuyers. Qualifying requires full-time employment in Florida, a household income 640.