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Homebuyers are facing changes in agent commissions due to a Realtor settlement. They need to shop for suitable agents, consider limited services or 'a la carte' options, and negotiate for reduced agent fees to navigate the new process effectively. Continue to full article
Homestead exemption in Florida offers up to $50,000 off property assessment for permanent residents. Deadline to apply is March 1, 2024; apply online or visit offices in Inverness/Crystal River.
South Florida is among the top locations in the U.S. where renters struggle with high housing costs. Many renters pay over half their income for rent and utilities. Efforts are being made to address the affordable housing shortage, with various projects underway to provide affordable units for low-income workers. Continue to full article
To find the best mortgage, compare offers. A down payment is an upfront payment, usually a percentage of the house's price, showing financial investment. Different loans require varying down payment percentages. Some lenders offer low down payment options. Larger down payments can lead to lower interest rates and monthly payments. Continue to full article
Owning a home is a keystone of wealth… both financial affluence and emotional security.
