Rodney Cantrell’s Blog
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10 Tips for First-Time Homebuyers in Florida | Brought to you by The Cantrell Team
1. Explore Florida first-time buyer grants and loan options 2. Monitor your credit score to secure better financing options 3. Hire a trusted Real Estate agent with local market knowledge 4. Negotiate to lower the asking price
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Essential Financial Tips for Living in Florida | Brought to you by The Cantrell Team
Create a Budget: Understand your income and expenses, adjust spending for variable costs, and track financial goals effectively.Track Spending: Monitor income and outflows using logs or apps to avoid overspending and identify savings opportunities.
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Florida home sales slow: What it means for buyers and sellers
The Florida real estate market is seeing homes spend an average of 70 days on the market, the longest since 2019. Contributing factors include a 10% increase in housing inventory, elevated mortgage rates around 7%, and the impact of recent hurricanes raising insurance costs. Additionally, some sellers are overpricing their homes, leading to stale listings,…
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Florida’s 2025 Laws: Key Changes | Brought to you by The Cantrell Team
HB 267 – Building Regulations: Deadlines are set for local building permit approvals to streamline processes.Licensure for residential building inspectors is simplified through internships.
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Florida Is Where Americans Aspire to Move in 2025
A survey by Move Buddha found that 35% of Americans plan to move in 2025, although historical trends suggest only 8-9% will actually relocate. Florida is the most desired state for relocation, followed by California. Most respondents prefer suburban living, with 87% motivated by lower costs and affordable housing. The Northeast has the highest retention…
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Florida Living Costs: Generational Breakdown Revealed | Brought to you by The Cantrell Team
Florida's cost-of-living index was 102.4 in Q3 2024, slightly above the U.S. average of 100.Gen Z Grocery: $3,513 Healthcare: $1,685 Housing: $12,061 Utilities: $2,598 Transportation: $5,058
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Selling a Florida Home With Two Mortgages | Brought to you by The Cantrell Team
Sell the home for a price that covers both mortgage balances and pay off loans at closing. Work with a Real Estate agent to market the home effectively and attract potential buyers.
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Gov. DeSantis hopes legislature can approve hurricane relief grants to help homeowners rebuild, prepare
Governor Ron DeSantis urged Florida lawmakers to approve additional hurricane relief for homeowners and to reform the condominium market. He emphasized the need for grants to assist those approved for the My Safe Florida Home program, which helps with repairs to withstand hurricanes. DeSantis also highlighted issues arising from a safety law affecting condominiums and…
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Florida Home Insurance Costs Surge to $8K | Brought to you by The Cantrell Team
Florida's average home insurance cost is $8,064 annually for a $200K home, the highest in the US.Homeowners in Florida need coverage based on rebuilding costs, not just home value or loan amount.A typical Florida policy includes dwelling, personal property, liability, and additional living expenses coverage.
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The Real Estate Opportunity You Can’t Afford to Miss in 2025! Invest in Florida Now!
Florida's housing market is showing promising signs as it approaches 2025, with a median home price of $408,400 and over 24,000 homes sold, indicating stability. Key factors driving growth include predicted stabilized pricing with a 3-5% appreciation rate, a 5.1% population increase, rising new home construction, and anticipated mortgage rates stabilizing around 6%. The market…