Renting Vs. Buying in Central Florida: There are many reasons to buy a home rather than rent, not the least of which is the tax advantage, which is probably the one tax deduction that the Feds won't cut regardless of future administrations. With interest rates still historically low, why not purchase a home that will give your family the peace of mind and privacy that is so lacking in many rental communities.
In an article from Florida Realtors, in speaking of the projected rental market-
"Rental costs are skyrocketing, and they'll probably keep going up in 2016. More than 85 percent of the nation's markets have rents that exceed 30 percent of the income of renting households.
Rents are accelerating at a more rapid pace than home prices, which are moderating," Smoke says. "Because of this, it's more affordable to buy in more than three-quarters of the U.S."
With home prices stabilizing at still very low cost, now is the time to take advantage of buying that home and start building your investment for the future.
Author:Wayne Shaw Phone: 863-624-7705 Dated: June 11th 2016 Views: 252 About Wayne: Wayne Shaw comes to our office in Champions Gate with 20+ years of experience in the real estate ind...
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EXIT Realty Champions', Champions Gate Real Estate Office, by Reunion Resort Orlando, is a full service Real Estate Brokerage Office in Champions Gate, Davenport 33896, next to Reunion Resort in 34747. Search for homes for sale with our Realtors, local experts in Champions Gate, Reunion Resort, Kissimmee and Davenport FL. This being the main area for resort vacation homes that can be rented out to meet the Disney World Orlando>, Universal Studios and other theme park market.
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Orlando’s home sales dropped off more and home prices rose faster in
"Recently I had the opportunity to work with Naomi as I searched for a vacation rental property in the Orlando area. I am a Real Estate Broker myself and I really needed to find a Fla. Realtor who understood the concept of buying and managing Vacation Rental property.
Since I was not familiar with the Vacation Home Market, I needed a Realtor who could and would take the time necessary to show me properties and help me with the due diligence. We spent 3 days looking at property and evaluating the resorts. In addition to finding suitable properties, Naomi also helped me find the right Property Manager for my project.
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My plan is to buy additional investment property in Fla. And I look forward to having Naomi help me in the future.
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