Florida Custom Homes

Aug. 5, 2024

What Every Homeowner Should Know About Their Equity

What Every Homeowner Should Know About Their Equity




Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity …

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July 25, 2024

Inflation Trending Down

Inflation Trending Down

Inflation is cooling – and that’s a good sign for mortgage rates. As the rate of inflation gets closer to the Fed's target of 2%, they may lower the Federal Funds Rate. When they do, mortgage rates are likely to respond. But this isn't the only factor at …

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July 24, 2024

A Newly Built Home May Actually Be More Budget-Friendly




If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes can sometimes lead …

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July 23, 2024

Foreclosure Delinquency Rates Are on the Decline

Foreclosure Delinquency Rates

Do high prices at the gas pump and grocery store have you worried more people are going to fall behind on their mortgage payments? If you’re thinking that’ll lead to a surge of foreclosures, let this reassure you. Serious delinquencies (loans that are 3 or more monthly payments past due …

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July 22, 2024

How Affordability and Remote Work Are Changing Where People Live




There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it.

Consider Moving to a More Affordable Area

Today’s high mortgage rates combined with continually rising home prices mean it’s tough for a lot …

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July 19, 2024

Mistakes Homebuyers are Making Right Now

Home Buyers

You’ll want to avoid common mistakes that’ll cost you time, frustration, and money. This includes things like putting off your pre-approval, holding out for perfection, and more. And having a pro like me on your side is the best way to do that. Scott Meadows - Florida CustomHomes.com - 239.220 …

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July 18, 2024

Unlocking Homebuyer Opportunities in 2024




There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt like too much to tackle. You’re not alone in that. A  …

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July 17, 2024

Why Fixing Up Your House Can Help It Sell Faster


Florida Custom Homes Scott Meadows

 If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains:

Buyers are still out there and they’re willing to pay …
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July 16, 2024

How To Determine if You’re Ready To Buy a Home




If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice …

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July 11, 2024

Why Moving to a Smaller Home After Retirement Makes Life Easier




Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it's important to think about whether your current home still fits your needs.

If it's too big, too costly, or just not convenient anymore,  …

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