Orlando Property Management Company and Real Estate Broker

Rent vs. Buy

Chart

93% of Americans Believe a house Is really a Better Investment Than Stocks

A recently available Survey of Consumer Finances study released by the Federal Reserve reveals the web worth of homeowners is forty times higher than that of renters . If you’re wondering if homeownership is an excellent investment, the scholarly study clearly answers that question, and the solution yes is....

three ways Home Equity MIGHT HAVE a Major Effect on YOUR DAILY LIFE

There have already been lots of headlines reporting on what homeowner equity (the variation between your current market price of your house and the amount you borrowed from on your home loan) has dramatically increased in the last few years. CoreLogic pointed out that collateral increased for the common homeowner by $17,000 within the last year only. ATTOM Data Remedies, within their latest U.S. Home...

Owning a Home CONTINUES TO BE LESS EXPENSIVE Than Renting One

If spending additional time at home in the last year is causing you to think hard about buying a house rather than renting one, you’re not by yourself. You might be wondering, on the other hand, if the money and cents accumulate on your side as home rates continue steadily to rise. Based on the experts, oftentimes, it’s less expensive to buy a house than rent one still. Why here’s. ATTOM Data...

Table

A Year Produces Homeownership

Over days gone by year,|year -- Finish OF URL SHORTENER Switch --> Over days gone by, mortgage rates have fallen greater than a total percentage point, hitting a fresh historic low 15 instances. This is a wonderful driver for homeownership, as today’s low prices provide customers with some significant positive aspects. A glance at three of these here’s. 1. Move-up or Downsize: One option would...

A group of people sitting around a living room with a dog

Turning a House right into a Happy Residence

We don't stop talking about why it can make |-- Conclusion OF URL SHORTENER Key --> We talk a whole whole lot about why it tends to make }financial perception to acquire a true home, but more than seldom, we’re attracted to the emotional known reasons for homeownership. No matter the liveable space, the sensation of a genuine home means various things to different people. Whether...

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...

Compare listings

Compare
Accessibility Tools
hide