Owning beats Renting in Florida

July 28, 2017

LOS ANGELES – July 27, 2017 – Arizona, Nevada and Washington, D.C. are among the 11 states where it’s more affordable to rent than it is to buy a home. But owning a home still beats renting in Florida, according to a study by website GOBankingRates.

GoBankingRates surveyed all 50 states and the District of Columbia, and identified which states are best for buying a home and which are better suited for renting. For the cost of owning, the study assumed a 20-percent downpayment on a 30-year fixed loan.

In Florida, homeowners have the advantage. They GOBankingRates study found that the average monthly rent of $1,543 is $167 higher than the cost of an average monthly mortgage of $1,376. The difference amounts to about $2,000 per year that the average Florida family would save by owning rather than renting, though actual savings would differ by metro area and other variables.

 


Sink Hole Concern?

July 1, 2017

Are you wondering if there are any sink holes near your home?

A great site to check out the History of Sink Holes and other Natural Catastrophies in the vicinity of your home can be accessed by clicking this link:

http://www.plotscan.com

Celebration is Sink Hole Free!!