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:Deirdre Lucey-Humphries Phone: 863-557-8851 Dated: June 11th 2016 Views: 337 About Deirdre: Deirdre is a Broker and co-owner, with her husband Steve, of EXIT Realty Champions in Davenport - th...
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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.
Alternatively, if you are looking for a new place to live, Our Realtors can help you find the perfect home in the Orlando, Kissimmee, Davenport, Clermont area known as the Four Corners, where Osceola, Lake, Orange and Polk Counties come together, Next to Disney and the Theme Parks.
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