Rodney Cantrell’s Blog

Florida's home prices are expected to drop in 2025, influenced by natural disasters and rising costs. Despite challenges, Florida's housing market remains attractive, with cash buyers still actively seeking homes.

恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…

Florida voters approved $1.9B in local tax increases and $1B in bonds in 2024. Voters approved 31 tax hikes and 18 bond issues, with 89% of measures passing.

Home insurance in Florida averages $5,527 annually, well above the national average of $2,304. Insurance rates in disaster-prone areas may rise dramatically due to better risk prediction technologies.

Florida property taxes have surged nearly 60% in the last five years, frustrating many homeowners. Over 66% of Florida voters approved Amendment 5 to increase the homestead exemption tied to inflation.

Florida's housing market sees dips, with West Palm Beach sales dropping nearly 14% yearly. Hurricanes and rising insurance and HOA costs are key factors affecting local home sales.

Floridians face the highest property insurance rates in the U.S., influenced by multiple risk factors. Insurance rates must be justified to the state, with companies required to file proposals annually.

Credit upgrades signal a more stable property insurance market in Florida. Decreasing requests for rate increases hint at lower premiums for homeowners in 2024.

Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.

Florida’s housing market is cooling faster than expected, with West Palm Beach seeing a 13.8% decline in home sales. Natural disasters and rising costs have impacted the housing market, including hurricanes and increased insurance rates.