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Orlando Property Management Company and Real Estate Broker

Rent vs. Buy

Is definitely Renting Right for Me?

If you’re currently hiring and have dreams of owning your own home, it could be a good time to think about your next move. Along with rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize. Based on the  2018 Bank of America Homebuyer Insights Review , 74% of renters plan on...

5 Powerful Reasons to Own Instead of Lease

Owning a home provides great financial benefits. In a recent research paper, Homeownership as well as the American Dream , Laurie H. Goodman and Christopher Mayer from the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing plus nonhousing wealth in a variety of ways, with taxes advantages, greater financial...

Millennials Are Increasing the Demand for Condominiums

When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium! According to CoreLogic, “ Last year about 43% of all condo home-purchase mortgage applications were...

Young First-Time Buyers Are Saving for Their Dream Homes

Young buyers (Millennials & Gen Z) have waited longer than previous generations to enter the housing market for their first home. However, this hasn’t stopped them from dreaming about the home they will eventually buy. Many spend hours searching listings and building Pinterest boards of their favorite home features. According to a survey from Open Listings, 70% of single renters are more...

Rent or Buy – The cost of paying for a Home

Orlando property manager Devinee Overton-Morgan with Morgan Property Solutions discusses owing a home versus renting. No matter if you rent or purchase a home, you end up end up paying towards the cost of the home. Depending on your situation there may be advantages for one option over the other. Mortgages are usually amortized so that each payment reduces the principal amount owed, so that the loan...

The #1 Reason to Sell Now… Not Next Spring-media-2

When Is a Good Time to Rent? Surely Not Now!

It might seem ludicrous for an Orlando property manager to tell people n not to rent! But many people cannot buy and considering how strong the rental market is, we are certainly not worried about a sudden decrease in rental prospects. So, if you are looking to move, why not consider the option of buying a home and investing in your future instead of your landlords'?   People often ask if...

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