Rodney Cantrell’s Blog
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Florida Cities: The Highest and Lowest Cost of Living | Brought to you by The Cantrell Team
Florida offers diverse living costs, from affordable areas to pricier locales like Key Largo. Key Largo stands out with a high cost of living, primarily due to expensive housing.
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Florida Market May Be Shifting Gears | Brought to you by The Cantrell Team
The experts predict a potential shift in the Florida housing market with significant price cuts. Palm Bay and Deltona are at a very high risk of housing price drops over the next year.
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Housing inventory on rise as prices stabilize
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Sunshine on a Budget: Florida’s Most Affordable Cities | Brought to you by The Cantrell Team
Daytona Beach: Affordable beachfront living with home prices ~$250K, and no state income tax. Gainesville: A college town with an affordable cost of living and median home prices ~$300K.
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Home sale prices show little change in Florida and Ocala area
The median sale price for single-family homes in Florida has risen to $427,000, marking a 1.7% increase from last year. However, in Ocala/Marion County, the median sale price dropped by 11.3% to $290,000. The active listing inventory for single-family homes in Florida increased by 60.1% compared to last year. The supply of these homes reached…
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Sunshine State Standouts: Top Florida Cities to Live In | Brought to you by The Cantrell Team
Gainesville offers affordable living, a strong economy bolstered by the University of Florida, and a low unemployment rate.Tampa is culturally diverse with a robust economy driven by finance, healthcare, and retail, and affordable housing options.
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Florida’s New HOA Rules: What Changed? | Brought to you by The Cantrell Team
Roughly 45% of Floridians live in communities with an HOA, with average payments ranging from $100 to $500 monthly.Recent legislation effective July 1 limits HOAs' fines without prior written warnings for holiday decorations and garbage cans.
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Climate Crisis Triggers Dangerous Domino Effect
Progressive Insurance and State Farm are pulling insurance coverage for homes in Florida and California due to climate-induced disasters, leading to increased premiums and policy nonrenewals in the US. Insurers are profiting from premium hikes, reinvesting in fossil fuels, worsening the climate crisis. This insurance crisis threatens housing affordability, forcing homeowners to leave or face…
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How Much Is Renters Insurance in Florida? | Brought to you by The Cantrell Team
The avg cost of renters insurance in Florida is $321/yr, or $27/mo. Renters insurance in Florida costs $9/mo more than the national avg, which is $18/mo.
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Florida Housing Market 5-Yr Forecast | Brought to you by The Cantrell Team
Home values will rise steadily but slowly. Inventory will grow, easing competition.