Lately there has been much talk comparing renting vs.
buying. Many people have gravitated in
the recent economy to leasing.
Throughout Florida, such factors as an improving job market, a lack of
new apartment’s construction and declining vacancy rates has the Marcus &
Millichap firm forecasting apartment rent hikes in most of the state’s major
markets this year. Another expert Jayci
Grana, rental division director at Michael Saunders & Co., notes that
monthly rents began recovering this year and will likely go up between 3
percent and 5 percent in 2012 following a large decline that began in 2007. She
adds that new apartment communities are finally being considered in many of
Florida’s major markets and are poised to become a popular investment. What does that mean for informed
consumers? Now is the time to buy!
A home purchase is a wise move in the economic times. A home purchase may leave a homebuyer with a monthly payment that is lower than what they previously paid for rent! Of course they will also be getting much more house, for their money. Call me today and we can get started helping you get more bang for your buck!
Kris West, REALTOR®
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