Buying A Home Remains Cheaper Than Renting A Home In 39 States In 2017

Dated: October 17 2017

Views: 978

Image title

Did you know that Florida is one of many states where buying a home is often cheaper than renting a home? Thanks to low mortgage interest rates and many low down payment plans, home ownership is a better investment than ever. 

According to the article below, "Homeownership remains cheaper than renting with a traditional 30 year fixed rate mortgage in the 100 largest metro areas in the United States."  This should be reassuring news for potential home buyers that are still on the fence about buying a home in 2017 and beyond. Experts agree that historically low mortgage interest rates are a major factor when it comes to home affordability right now, even while prices have climbed this year. See the rest of the article by clicking on the map below:


Click Image for More Details


Blog author image

Andrea Hartmann

Andrea is the Managing Partner of The Sandy Hartmann Group and runs the team alongside Sandy Hartmann. She would love to talk to you about real estate! Andrea was born and raised in the Tampa Bay a....

Want to Advertise on this Site?

Latest Blog Posts

Declutter Your Kitchen In 5 Simple Steps

De-Clutter Your Kitchen in 5 Simple StepsIt happens to the best of us, we move into our homes, settle in and over the years the clutter begins to pile up. Before we know it, we have drawers and

Read More

The Pinellas County Real Estate Stats For June 2021

The Pinellas County Real Estate Stats for June 2021What a month June 2021 was for the Pinellas County Real Estate Market! Check out the breakdown of the latest real estate stats below to find out

Read More

How To Cancel Your PMI Early

Cancel Your PMI Years Ahead of Time (Private Mortgage Insurance)With rising home prices and increasing rental rates, many people are choosing to buy a home with less than a 20% down payment. 

Read More

Staging Your Living Room To Sell Your Home

Staging Your Living Room To Sell Your HomeThinking about selling your home and wondering how to get top dollar? With more inventory hitting the market and a predicted ‘cooling off’ when it

Read More