How Mortgage Rate Buydowns Make New Homes More Affordable in Florida

How Rate Buydowns Help You Afford a New Florida Home

Buying a home in Florida has become increasingly challenging, with mortgage rates remaining high and home prices continuing to rise. For many buyers, especially those entering the market for the first time, the monthly payments can feel excessive. One strategy gaining traction is the mortgage rate buydown. This approach allows buyers to reduce their interest rate, either temporarily or permanently, by paying upfront fees or through seller or builder concessions. In a market where affordability is a concern, acknowledging how mortgage rate buydowns work can be a valuable tool for making homeownership more attainable.

What Is a Mortgage Rate Buydown and How Does It Work?

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New Florida Condo Bill in 2025: What It Means for Homeowners & Buyers

The new Florida condo bill brings significant changes that directly impact homeowners and buyers across the state. With a focus on structural safety, financial preparedness, and enhanced transparency, these legislative updates aim to ensure the long-term stability and security of condominium living. If you own or are considering purchasing a condo in Florida, understanding these changes is key to making informed decisions in the current real estate landscape.

What’s Inside the New 2025 Florida Condo Legislation

In 2025, Florida enacted House Bill 913 and Senate Bill 1742 to address ongoing concerns in the condominium sector. While the tragic Surfside condominium collapse in…

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Central Florida Real Estate Recap of June 2025

We are seeing a nationwide trend of sellers pulling their listings after not receiving the price they were hoping for.




State of the Market

  • New listings fell 8.4% from May to June, with 3,854 new homes on the market in June, compared to 4,208 in May.
  • Inventory for June was recorded at 13,793, down 1.2% from May when inventory was recorded at 13,957.
  • Overall sales decreased by 1.5% from May to June. There were 2,551 sales in May and 2,513 sales in June.
  • Pending sales decreased 6.2%, with 4,238 in May and 3,976 in June.
  • Homes spent an average of 67 days on the market (DOM) in June – down slightly from 68 in May.
  • The median home price for June was recorded…

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New Florida HOA Laws in 2025: What Homeowners Need to Know

 

As of January 1, 2025, Florida's updated Homeowners’ Association (HOA) regulations, introduced through House Bill 1203 (HB 1203), are now fully in effect. Originally passed in mid-2024, these changes were designed to strengthen homeowner rights, increase transparency, and hold HOA boards more accountable.

For homeowners living in HOA communities, understanding these new rules is key to protecting your property, staying compliant, and knowing your rights and responsibilities under Florida law.

What are the New Florida HOA Laws in 2025 and How Do They Impact Homeowners?

House Bill 1203, signed into law by Governor Ron DeSantis on May 31, 2024, brought comprehensive reforms to…

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How to Stop HOA Foreclosure in Florida 

It’s a common belief that only banks can foreclose on a home, but in Florida, homeowners' associations (HOAs) also have the legal authority to initiate foreclosure proceedings for unpaid dues. This means that even if your mortgage payments are current, falling behind on HOA assessments can put your property at risk. Grasping what triggers and how to stop HOA foreclosure in Florida is key for homeowners facing financial difficulties. It helps you take informed steps to protect your home and financial well-being.

What Triggers an HOA Foreclosure in Florida?

When a homeowner fails to pay HOA assessments, dues, or fines in Florida, the association can place a lien on the property. If the delinquency exceeds…

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How Much HOA Fee Is Too Much? A Guide for Florida Homeowners 

How Much HOA Fee Is Too Much? A Guide for Florida Homeowners

With Florida HOA fees climbing alongside insurance rates and maintenance costs, many homeowners are asking the same question: How much HOA fee is too much? As monthly dues rise across the state, it’s worth looking closely at what those fees actually cover—and whether they reflect fair value.

Deciding what counts as “too much” isn’t just about the number. It’s about weighing the services provided, the financial health of the community, and how your dues compare in today’s shifting real estate market. Here’s how to break it down.

What Are HOA Fees and What Do They Cover?

Homeowners Association (HOA) fees are regular payments made by residents to maintain and enhance the shared…

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