Rodney Cantrell’s Blog
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Milton poses threat to Florida property insurance market
Milton is posing a threat to the Florida property insurance market, as reported by financial rating agency AM Best. Continue to full article
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Florida Homeowners: Must-Know Maintenance Mistakes | Brought to you by The Cantrell Team
Regular HVAC maintenance in Florida prevents high energy bills and ensures year-round comfort. Clogged gutters in Florida’s rainy climate can cause foundation damage and costly repairs.
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Florida’s ‘Hamptons of the South’ Draws Homebuyers | Brought to you by The Cantrell Team
Florida's 30A Gulf Coast, called the “Hamptons of the South” is attracting wealthy homebuyers. The area's popularity surged, with median home prices in Rosemary Beach rising to $3M.
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Florida Fall and Winter Homebuyers’ Advantage in 2024 | Brought to you by The Cantrell Team
Autumn sees determined sellers open to negotiations in Florida, accepting lower prices in September through November. In winter, housing prices drop and reduced competition helps you find negotiable deals on your dream home.
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How to Pay for Your Home Renovations
If you're considering a home renovation loan, think about whether the project is necessary or cosmetic. Financing options include cash-out refinancing, home equity loans, personal loans, Fannie Mae HomeStyle Renovation loans, and FHA 203(k) loans. Factors to consider include property value, material costs, and loan terms. Assess the project scope and timeline before deciding on…
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Steep Risk Ahead for Florida Housing Markets | Brought to you by The Cantrell Team
Palm Bay-Titusville-Melbourne, FL, and two other Florida areas face a >70% risk of home price declines. CoreLogic’s Market Risk Indicator (MRI) highlights these Florida markets as highly vulnerable to price corrections.
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What Signals Florida Housing Stabilization in Early-Q3? | Brought to you by The Cantrell Team
Florida's housing market is shifting towards balance, showing signs of stabilization after recent volatility in Early-Q3.Sales Trends – Single-family: ↑ 5.2% yearly – Condo-townhouse: ↓ 1.2% yearly
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Will New Homebuying Rules in Florida Save or Cost You? | Brought to you by The Cantrell Team
New rules for buying and selling homes take effect on Aug. 17, potentially lowering home prices. Previous commissions were 5-6%, with avg costs up to $25K/sale.
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Balance Restored: NE Florida Housing Market Stabilizes | Brought to you by The Cantrell Team
Northeast Florida's housing market is stabilizing, moving toward a balanced state despite economic challenges.Median home prices slightly decreased in Early-Q3, with the Home Affordability Index rising by 1.6%.
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Florida Retirees Face Steep Repair Costs | Brought to you by The Cantrell Team
Florida's new condo safety law aims to prevent tragedies like the Champlain Towers South collapse. Many condo owners face substantial costs, with bills up to $140K for building repairs.