Ft Lauderdale Real Estate Market | Buying a Home or Condo in Wilton Manors
Although there are many realtors who have found many shortcomings with the information provided by home estimate services from Zillow.com, home seekers have Zillow.com the most utilized real estate website in the month of July. Regardless of what Realtors think about the quality of the information provided by Zillow, this website has a huge impact on both buyers and sellers in the market.
An announcement released from Zillow has been receiving a lot of attention from many home seekers nationwide. Zillow makes the claim that the average home buyer in the United States will save more money by buying a property and staying for several years versus renting for the same time frame. Zillow states that in at least 4 cities in Florida, an owner would only have to stay in the home for two years in order to see the benefit.
In Florida cities such as Tampa, Fort Lauderdale and Miami, a buyers would only need to stay in the home about 1 year and 8 months in order receive the better financial deal. This average is only one month longer for the city of Orlando making 1 year and 9 months the preferred term.
Representatives from Zillow state that these numbers are based on reseaerch from more than 200 metro areas and 7,500 cities throughout the united states. All costs related to buying and renting properties were included into this study such as mortgage, down payments, taxes, maintenance, tax deductions and rental payments. Inflation and projected home values and rental prices were also taken into consideration.
Zillow’s ranked the Fort-Lauderdale/Miami region as the most desired area for buying properties.
Some of the most highest home values in the nation attributed to the San Jose area in which home buyers can expect to wait over 8 years in order to recover expenses. In Miami, Fort Lauderdale, Wilton Manors, Oakland Park Florida home buyers will recover expenses quickly. Meet with the Henri Frank Group at REMAX Preferred for a FREE consultation to dicuss transitioning from a renter to a home owner. Now is the time, with low prices for properties, mortgage interest rates less than 4%, programs to assist first time homebuyers, now is the time to act.
Start by calling the Henri Frank Group at 954-604-9999. Or email us at email@example.com Visit our website at http://henrifrank.com and get information on buying. For the Henri Frank Group TO DO LIST: A Buyers Checklist, click here, http://henrifrank.com/checklist.php
Find the HENRI FRANK GROUP on ZILLOW: http://www.zillow.com/profile/HFGREMAX/