Buying a home is one of life’s biggest decisions, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to CNN Business, in 2023, around 4.5 million people achieved that dream of buying a home. However, if you live in South Florida, you know that buying a house can be an overwhelming and expensive journey. While mortgage rates remain at a two-decade high, Miami-Dade County has continued to lead the U.S. in home price appreciation, according to a December 2023 report from the Miami Association of Realtors. Another report from Rocket Homes disclosed that in March 2024 the median home price in Miami was $540,091, up 6.9% over last year. So with higher mortgage...
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