whether you want to direct your feet to sunnier streets in florida just for a change of pace or as part of your long-term retirement plan, when you are choosing between renting and buying you need to...
free calculator to compare the financial aspects of renting vs. buying a house. the calculator accounts for interest, tax, fees, and many other factors.
this study uses census bureau data to evaluate the difference in monthly costs between owning a home and renting in 343 cities.
smartasset ranked 342 of the largest u.s. cities based on the median gross rental and housing costs residents face on a monthly basis
focused on providing home loans responsibly throughout the communities we serve, our goal is to provide an exceptional customer experience.
choosing between renting and buying a home is one of the biggest financial decisions you will make. in central florida, where the real estate market is active and diverse, the answer depends on your goals, finances, and lifestyle. let’s break down the benefits and drawbacks of each option to help…
a new report from the listing site realtor.com found that in the month of february, the cost to buy a home was 60 percent more expensive than renting.
why buying a home is better than renting: a guide from florida home loans why buy? the financial benefits of homeownership buying a home can be one of the most significant financial decisions you’ll make in your lifetime. unlike renting, which provides no return on your monthly payments, purchasing a home builds equity over time.…
i left the state 14 years ago, have been living in oregon. beautiful state, but the last several years has declined greatly in quality of life due to
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use the rent vs. buy calculator at realtor.com® to make the right rent or buy decision. find out which option is best for you, buying a house or renting a home.
do you prefer the gain of ownership or the convenience of renting? learn whether renting or buying your first (or second) home is better.
if you’re a fan of hgtv, you have probably picked up lots of tidbits about real estate over time. for example, some real estate experts on hgtv shows may talk about the best time of year to buy a house. these conversations may leave you wondering if you should be waiting - or moving up your plan - to buy a home. florida differs from many parts of the country because our state doesn’t experience cold, snowy winters. even so, florida tends to follow many of the same patterns as the rest of the country, with lower home prices in the late fall and winter and more housing availability in the spring and early summer. if you are looking to buy a house, you may not have the option of waiting until a particular time of year to make your move. at eaton realty, we have the experience necessary to help our clients get into a home right for them (and their budgets!) at any time of the year. to learn more, give us a call to talk to a member of our hillsborough county real estate team. when should you buy a house in florida? for some people, there isn’t much choice when it comes to the time of year to buy a house. the move might need to happen regardless of whether the inventory is at its highest point or whether prices are low. however, if you have some flexibility, some times of the year may be better to buy a home. similarities & differences from national market trends some broad rules apply to the real estate market across the country. for example, it is generally accepted that winter is the cheapest time of year to buy a house because most people don’t want to move during these colder months. spring is typically the hottest real estate market, particularly for families with children who want to avoid moving during the school year. competition - and prices - for homes are typically at their peak in the spring. however, florida is unique in many ways - including when it comes to real estate. while winters are cooler in florida, the weather is still fairly balmy (with an average temperature of 70 degrees in tampa in january). florida is also the number one state that retirees move to - and unlike younger families with children, they aren’t bound by things like school schedules. in fact, they may prefer to buy a house in the winter, which may be the primary time they live in florida as “snowbirds.” buying in the spring despite these differences, there are some commonalities between florida and the rest of the country regarding busy times for the real estate market. generally, many homes go on the market - and many people are looking to buy - in the spring. this time of year, houses tend to be more available and also more expensive as buyers look to purchase a home before the weather gets too steamy and so that they can get settled in before the school year starts. buying in the winter or the summer both summer and winter are slower seasons for buying homes in florida. in the summer, many people are busy with vacations and taking advantage of time off to engage in leisure activities. winter is the peak tourist season in florida, so there is often less inventory on the market. many people also stay put and focus on the holiday season. buying in the fall fall is often a great time to buy a house in florida. the weather has cooled off, and kids are back in school. while there may be less inventory than in the spring, you may be more likely to get a better deal. home prices & sales volume throughout the year in 2023, the median sale price for a home in florida is $403,700. this price fluctuates somewhat by the time of year: october 2022: $392,000 november 2022: $391,000 december 2022: $384,000 january 2023: $386,100 february 2023: $389,800 march 2023: $400,300 april 2023: $401,100 may 2023: $407,300 june 2023: $409,300 july 2023: $403,700 august 2023: $403,800 september 2023: $402,300 these numbers show the cheapest time to buy a house in florida is fall or winter. florida home sale prices peak in late spring before dipping again in late summer and early fall. if you are looking for a deal on a house, your best bet might be to look for a home around november or december. however, it may be more challenging to find a home during these months. florida home sales tend to dip in the fall and winter, meaning less inventory will be available. over the past year, the number of home sales varied significantly by time of year: october 2022: 30,373 november 2022: 25,236 december 2022: 27,871 january 2023: 21,683 february 2023: 27,218 march 2023: 38,652 april 2023: 35,142 may 2023: 39,427 june 2023: 38,315 july 2023: 32,127 august 2023: 33,772 september 2023: 31,073 as these numbers show, there are fewer home sales in the late fall and winter months. if you are looking for a lot of selection when buying a home, your best bet will likely be to start looking in early spring. when is the best time to buy? ultimately, the best time to buy a home in florida is when you are ready or when you need to purchase a home. if your job is transferred to the hillsborough county area or you are stationed at macdill air force base, you will need a place to live, regardless of the time of year. an experienced tampa real estate agent can help you find an excellent home for the right price. how to buy a house if you’re looking to buy a house in west central florida, the first step should be deciding exactly where you want to live. the tampa area is large and consists of bustling city neighborhoods, suburbs with easy access to the city, and more tranquil, rural areas. figuring out what kind of vibe you want is critical to the home-buying process. next, you should evaluate your needs - and set a budget. think carefully about what you want in a house, such as a certain number of bedrooms and bathrooms and amenities like a pool or a homeowner’s association (hoa). you will also need to analyze your finances to determine what you can afford. at this point, you should reach out to a seasoned lithia realtor. your real estate agent can review your wish list and budget and help you determine if you need to adjust your expectations. for example, you may want a large home in a wealthy neighborhood like bayshore beautiful - but it may be unrealistic based on your budget. once you have a better idea of what you can afford and what is available in your price range, you can start house hunting! your realtor can choose listings for you based on your criteria and arrange showings. they can also let you know about open houses so that you can get a better feel for the market and what is available. after finding a house you like, your real estate agent will help you prepare an offer. preparation includes pulling “comps” - or comparable sales - and other data to help you make a competitive offer. if your offer is accepted, they can help you with the next steps, from securing financing to dealing with inspections and contingencies to closing on your dream house. interested in buying a house? call eaton realty whether you’re searching for homes for sale in february or september, you want an experienced local realtor to guide you. there are advantages and disadvantages to purchasing at any time of the year, but at the end of the day, the most important factor is getting the right house for you when you need it. based in lithia, eaton realty represents home buyers and sellers in greater tampa. we have over 20 years of experience in the region, including working with clients interested in building a new home. we put our skills and knowledge to work to help you get the best house for the best price for each of our clients. we understand the local real estate market and what it takes to get to the house of your dreams. if you’d like to learn more, fill out our online contact form or give us a call at 813-672-8022 to talk to a member of our real estate team.
purchasing a home costs an average of $1,091 more per month than renting the same property, significantly more than the historical us average of $233
homeownership has long been considered an essential component of the american dream. homeownership signifies financial stability, putting down roots, and
homebuyers in some cities can save more than $400 a month by buying instead of renting.
should you rent or buy a home in miami beach? i'll tell you which choice to make to save the most money if you're considering a move in miami beach!
new bankrate data reveals the gap between rental costs and mortgage payments has widened in 38 metros compared to last year.
the decision between renting vs. owning a home is a crucial one, especially in a vibrant city like jacksonville, florida. it's a choice that hinges on...
are you thinking about investing in rental property? it’s a good way to generate income - but it’s not without risks. here
should you buy a home? or is it better to keep renting? here are all the pros and cons of each, plus key questions to ask.
rent-to-own homes let you put part of your monthly rent toward a down payment on the property. explore what a rent-to-own home is and how it works.
some business owners in central florida have been dealing with issues of high rent. orlando continues to see steady increases in retail demand, according to a cushman and wakefield marketbeat report.
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the south florida housing market is in the midst of a long-term upswing in price and demand.
wpec
four years into writing this blog, i thought i had seen almost everything when it comes to the most common financial suicides committed by the middle class. but today i was hit in the head by a sho…
is it better to rent or buy a house? see all the pros and cons of renting vs buying a home to decide which option fits your lifestyle and finances.
are canadian snowbirds better off buying or renting a winter vacation home? read our expert tips to help decide what’s best for you.
florida rental market
hey there, real estate enthusiasts! you’ve probably heard whispers about florida’s multifamily market cooling down. after all, those sky-high rents and bidding wars couldn’t last forever, right? well, the market is shifting, but that doesn’t mean opportunities have dried up.
what are the best places to buy rental property in florida? here are your 12 best options to maximize your roi.
florida department of agriculture and consumer services
the florida renters guide (aka the tenant's handbook) attempts to provide you with an overview of your rights and responsibilities as a tenant under florida law.
renting or buying a new home, which option is best for you? click here to see the value of homeownership and how you can stop renting and buy your home.
as a realtor serving clients in orlando, florida, i often find myself engaged in discussions about whether it's better to buy or rent a property in this vibrant state. florida, known for its sunshine, beaches, and diverse real estate market, offers a plethora of options for potential homeowners and renters alike. in this blog post,
the dollar difference between renting and owning a home with a mortgage is widest in san francisco, bridgeport, conn., and new york.
use this calculator to compare the cumulative costs of renting an apartment or property vs. buying a house and make an informed financial choice.