Category: Uncategorized
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Brought to you by The Cantrell Team | Spring House Hunting: A Guide for Savvy Buyers
1. Get Pre-Approved: – Secure mortgage pre-approval to show you're a serious buyer. 2. Inspect Thoroughly: – Spring weather allows for a more complete inspection of the property's condition.
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Brought to you by The Cantrell Team | Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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Will mortgage rates rise after this week’s Fed meeting?
The Federal Reserve meeting this week will impact mortgage rates. A rate cut is unlikely due to high inflation. Mortgage rates may rise even if the Fed keeps rates steady. Homebuyers can still secure lower rates by buying points, considering adjustable-rate mortgages, or shopping around for the best deals. Continue to full article
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Brought to you by The Cantrell Team | Florida Homebuyer’s Markets Unveiled: Good Time to Buy?
Florida's Real Estate market is currently balanced, with a 5.1-mo supply of homes, falling within the 5 to 6-mo range indicating stability.Some metro areas in Florida lean towards a buyer's market, with over 6 months of supply.
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A New Era Of Higher Interest Rates
The U.S. is experiencing a shift towards higher interest rates after a long period of low borrowing costs. Economic forces are driving rates up, with inflation trending higher. The Federal Reserve may struggle to intervene effectively, as government deficits and stimulus spending are contributing to inflation. Investors should prepare for the potential impact of higher…
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Brought to you by The Cantrell Team | Live Luxuriously: Top 6 Florida Hotspots for Affluent Homebuyers
6. Palm Beach County: – Median home price: $524,918 5. Miami-Dade County: – Median home price: $541,837
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Brought to you by The Cantrell Team | What’s Hot in Commercial Real Estate
AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand.
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Brought to you by The Cantrell Team | Second Homes in Florida Are Not the Same as Investment Properties
Mortgage lenders classify properties into three occupancy levels: – Primary residence – Second home – Investment property Differentiating between second homes and investment properties is crucial for property owners in Florida.
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Home prices are outstripping rental prices in the South, according to new study
Sunbelt states, including Florida, are experiencing high home prices, making renting a potentially better option. A study by two universities shows that the price-to-rent ratio is off in favor of renting in many Florida cities. Researchers suggest renting until the housing market stabilizes due to an influx of northerners moving to the Sunbelt. Continue to…
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Brought to you by The Cantrell Team | Florida Housing Market Predictions 2024: Will It Crash?
Florida's housing market is expected to strengthen in 2024, driven by population and business growth.Despite rising inventory, it remains a seller's market, with prices likely to maintain stability.