Waterfront homes are a popular purchase in Florida where the population grows by around 1,00…
Home Seekers Use Zillow.com website most in July 2012. A resource for real estate information.
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 research 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.
The Henri Frank Group at Remax Preferred is located at 2810 E Oakland Park Boulevard, Fort Lauderdale, Florida. Also, satellite offices at 2166 Wilton Drive in Wilton Manors, Florida and 2 University Drive in Plantation, Florida and on Ocean Drive at the Hillsboro Inlet to the Hillsboro Mile in Hillsboro Shores, Florida. Call 954-604-9999 or go to their website at https://henrifrank.com or find the Henri Frank Group on FACEBOOK, Twitter, Pinterest and other social media.
Find the HENRI FRANK GROUP on ZILLOW: http://www.zillow.com/profile/HFGREMAX/