Rodney Cantrell’s Blog
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Happy April Fool’s Day | Brought to you by The Cantrell Team
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!
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Essential Guide for First-Time Homebuyers in South Florida
Homeownership in South Florida can be both exciting and challenging for first-time buyers. It is important to hire a real estate attorney to help navigate contracts and state laws. Understanding purchase agreements, title searches, and mortgage terms is crucial. Conducting inspections and appraisals can prevent future issues, and a final walkthrough ensures everything is as…
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Home prices rise 4% in Northeast Florida as inventory increases
The median price of single-family homes in Northeast Florida rose 4% in February to $389,989, with inventory increasing by 10.7% to 7,954 homes. Closed sales grew by 8.7% to 1,271, while pending sales dropped 16.4%. The Home Affordability Index decreased slightly to 66. County-specific trends showed varied price changes, with Baker and Nassau experiencing declines,…
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Florida Outpaces National Avg: 30.5% of Homes Paid Off | Brought to you by The Cantrell Team
30.5% of Florida homes are paid off, surpassing the national avg of 27.7%.Mortgage-free Florida homeowners have a median home value of $325K, compared to $400K for those with mortgages.
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Can Manufactured Homes Offer Modern Living in Florida? | Brought to you by The Cantrell Team
Manufactured homes in Florida are gaining popularity due to affordability, flexibility, and modern amenities in 2025. Retirement communities with resort-style amenities are attracting buyers, especially retirees and seasonal residents.
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Florida Starter Homes: Is Affordability Still Possible? | Brought to you by The Cantrell Team
Buying a starter home in Florida? Prices soared 82% since 2018.Starter homes now average $233,000, with down payments ranging from 3% to 20% and closing costs up to 5%.
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Happy St. Patrick’s Day | Brought to you by The Cantrell Team
St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.
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Why Do Florida Multifamily Transactions Plummet? | Brought to you by The Cantrell Team
Florida's multifamily property transactions have slowed due to updated building codes post-1992 and 2021 collapse.2021 saw a peak of 116 transactions worth $1.14 billion, while 2024 only had two transactions.
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Closed Sales of Single-Family Homes Rise in Florida | Brought to you by The Cantrell Team
In December, Florida saw ↑ 23.4% in closed single-family home sales. The median price of a single-family home ↑ 2.3%, reaching $400K in December 2024.
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Florida Homeowners Celebrate 132% Growth in 10 Years! | Brought to you by The Cantrell Team
Florida ranks 2nd in US home price growth with a 132.2% increase over 10 years. Median home prices in Florida rose by $223,316 in the last decade. .