Rodney Cantrell’s Blog
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Want to Buy a Home in 2024? Here Are 4 Ways to Help Make It Happen
Assess your finances before buying a home, save money, and consider different mortgage types. Make sure your credit score, debt, and income are in good shape. Be prepared for the costs of buying and owning a home. Research different mortgage lenders and apply for pre-approvals to find the best rate. Consider high-yield savings accounts as…
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Brought to you by The Cantrell Team | What to Do if Your Insurance Company Is Pulling out of Florida?
The Florida home insurance market faces a crisis as companies leave, go out of business, or decline policy renewals.6 new insurers approved in Dec 2023 offer hope, and government efforts aim to aid homeowners amidst rising rates.
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Brought to you by The Cantrell Team | Happy Lunar New Year
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…
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Brought to you by The Cantrell Team | 5 Tips for Foreign Home Buyers in Florida
Research Florida's Real Estate market by identifying trends, focusing on growth areas and using online tools for updated information. Understand legal requirements, currency exchange rates, and tax laws; seek professional advice for a smoother transaction.
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The good, the bad and the ugly: America’s housing market in 2024
The housing market saw a decline in sales last year due to high interest rates and low supply. However, with expected interest rate cuts, mortgage rates may ease, leading to increased home sales. On the downside, this could also drive up home prices, exacerbating the existing affordability issue. Additionally, there is a significant shortage of…
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Florida legislation could regulate short-term vacation rentals
A new report by Florida TaxWatch highlights the economic impact of unlicensed vacation rentals in the state. The report emphasizes the need for more transparency and safety measures, as well as tax collection. Lawmakers are advancing legislation to address these issues, aiming to create uniform standards and regulations for vacation rentals. The report recommends establishing…
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Brought to you by The Cantrell Team | 5 Best Places to Live in Florida for Families in 2024
Naples: Naples offers a luxurious lifestyle with a median home price of $388K, emphasizing safety, healthcare, and recreational attractions. Ponte Vedra Beach: Ranking 3rd, Ponte Vedra Beach stands out with a high median household income of $105K, excellent schools, and popular golf events.
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Brought to you by The Cantrell Team | SWFL Real Estate: Market Trends 2024
Event Overview: Market Trends 2024 is Southwest Florida’s premier real estate summit on March 12. In-Depth Analysis: Experts explore trends, offering insights into Southwest Florida's real estate dynamics up to 2024.
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Senator wants uniform standards for short-term vacation rentals, but it seems to be a tough sell
The Florida Legislature is working on a bill to regulate vacation rental platforms like Airbnb and VRBO. The bill aims to create uniform standards and regulations for vacation rentals, but there is opposition from local governments and concerns about the impact on communities. The bill has been approved by a Senate committee and will now…
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Florida Insurance Crisis Spells Mortgage Disaster
Florida's ongoing insurance crisis, driven by insurers leaving and increased extreme weather risk, may lead to a downturn in the real estate market. Homeowners in Florida pay the highest insurance premiums in the U.S., making it difficult to obtain mortgages. The state's private insurance market has failed, leaving many residents with limited options for coverage.…