Jun 11 2016 22426 1

Jun 11 2016 22426 1

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.Image title



Deirdre Lucey-Humphries Headshot
Author:
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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