MARKET UPDATES

 

Keeping Up With The Market As It Unfolds

Magnolia Properties is sending our June 2024 Outlook

Dear Friends – I am sending along interesting facts and market trend surprises to keep you up to date on this ever changing real estate market. Good wishes my friends, Sandy

More Homeowners Required to Buy Flood Insurance

Borrowers with federally backed mortgages in parts of South Florida, and soon all Citizens customers, must buy flood insurance.

Tens of thousands of homeowners in Florida will soon be required to buy flood insurance, and the flooding that inundated large areas of Broward and Miami-Dade counties this week shows why insurance experts say it’s necessary.

Flood Insurance Information

Florida Leads Short-Term Rental Markets

Given its popularity among tourists, Florida’s lead in the short-term rental market is unsurprising. Amusement parks, more than a thousand miles of coastline, numerous professional sports teams, and other cultural attractions make the state a popular destination year-round. We get lots of snowbirds in wintertime, so if you have a vacation rental, you’re almost guaranteed the whole winter will be booked. You also have spring breakers anywhere from early March to late April.

Hot Short Term Rental News

25 Things That Never Belong in a Bathroom!

Designing and decorating your bathroom can be tricky. Unlike other rooms, your bathroom is constantly at the mercy of excess moisture. It’s also where most people begin their mornings, end their evenings, find some alone time, and try to relax. The goal should be a balanced, functional, and timeless bathroom design, and we have some rules to help you achieve it. According to interior designers and home experts, the following bathroom items and designs should be wholly avoided.

Here Is The List!

Current Market Loan Rates June 21st, 2024

Tyler Oden

Mortgage Banker

NMLS # 659664

2121 Killarney Way, Suite D

Tallahassee, Florida 32309

tyler.oden@amerisbank.com

Office 850.294.6626

Cell 850.294.6626