Rodney Cantrell’s Blog
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Signs of Life in Florida Real Estate as Market Shifts from Slump to Boom
Florida's real estate market is rebounding with strong demand, stabilizing mortgage rates, and growing investor confidence. Population growth and migration fuel housing needs, especially in Miami, Orlando, and Tampa. Despite challenges like high prices, insurance costs, and climate risks, the market shows long-term growth potential. Buyers and sellers are advised to act strategically amid improving…
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Top states where economic development is shaping housing trends
Economic development is driving housing trends in key U.S. states. Nevada's diversified economy fuels luxury and sustainable communities, especially in Henderson. Texas sees booming demand from corporate relocations in cities like Austin and Dallas. Florida attracts luxury buyers with its finance and tourism sectors. North Carolina's Research Triangle spurs tech-driven housing growth. Colorado, Arizona, and…
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Florida Homeowners Achieve Full Ownership in 21 Years | Brought to you by The Cantrell Team
Florida median home costs $381K, requiring 20.79 years to fully pay off. Payoff time ↑ 1.71% since 2022 despite median income rising to $73K. Housing affordability declines as property prices outpace income growth in the Sunshine State. Population growth and housing demand continue, making renting more practical for many households. Florida ranked 24th nationally for…
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Florida: Widespread Demand, Regional Variation Continues | Brought to you by The Cantrell Team
Florida’s statewide data show rising pending sales as mortgage rates fell, but markets remain very regionally differentiated in 2025. Coastal luxury markets (e.g., Miami) contrast with inland affordability stories, producing varied investor and owner-occupier dynamics. Tourism and migration continue supporting demand, while inventory increases in some metros give buyers more choices. Expect ongoing segmentation: luxury…
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Honoring the Significance of Indigenous Day | Brought to you by The Cantrell Team
Indigenous Peoples’ Day celebrates, recognizes, and honors the beautiful traditions and cultures of the Indigenous People We take a stand for and support the indigenous people on this day. We should also offer our support to those who invest and uplift the indigenous communities.
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Florida Housing Prices Drop for the Fifth Consecutive Month in 2025
Florida housing prices have dropped for the fifth consecutive month in 2025, with single-family home sales down 2.8% and condo-townhouse sales down 11.8%. Median prices are $410,000 for single-family homes and $295,000 for condos. Rising inventory, high mortgage rates around 6.5%, and economic uncertainty are driving this trend. Buyers gain negotiating power, while sellers must…
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2 Possible Futures for Florida’s 2026 Housing Market | Brought to you by The Cantrell Team
Slide 1: 🌡️ Scenario 1: Mortgage rates stay high 6–7%+, keeping market cautious and steady. Slide 2: 🏘️ Inventory grows as homeowners list properties and new construction adds supply. Slide 3: 📉 Prices could stabilize or slightly decline. Slide 4: 💸 Scenario 2: Rates drop near 6%, awakening latent buyers and increasing competition. Slide 5:…
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Why Florida Buyers Find Fresh Reasons to Move | Brought to you by The Cantrell Team
Slide 1 Florida homebuilder sales just rose 2%, marking a surprising turnaround after years of slowdown. Slide 2 Move-up home sales jumped 18%, while active adult communities are performing especially strong. Slide 3 Median home prices are down 10% in two years, luring hesitant buyers back. Slide 4 Single-family permits dropped 11%, but multifamily permits…
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Will Florida Sustain Its Housing Appeal? | Brought to you by The Cantrell Team
Coastal metros see stronger gains from international and retiree demand. Central Florida benefits from relocation and diversified employment growth. Vacation-rental dynamics create localized investor demand and pricing variance. Insurance and climate risk will influence long-term buyer behavior.
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‘Comfortable’ Living in Florida: $97K a Year
A single adult in Florida needs an annual income of about $97,386 to live comfortably in 2025, which includes covering necessities, discretionary spending, and long-term goals. A family of four requires $217,651. This figure is higher than the state's living wage, which covers only essentials. Compared to other states, Florida ranks 22nd in income needed…