7 Reasons You Should Buy a Home NOW!
Wondering if this a good time to buy a home?
1- Rents are rising at a faster pace than home prices, especially in central and coastal Florida
2- Mortgage interest rates are still favorable
3- In most of Florida is still cheaper to buy than to rent
4- We’re nearing the end of the era of low mortgage rates and moderate prices
5- Personal income is starting to rise again
6- Housing demand still exceeds supply so if you wait it may be harder to find an ideal hoe at a price you can afford.
7- Millennials, the largest cohort in history, are reaching their peak home buying years, which could further tighten the supply of homes for sale.
Chief Economist Jonathan Smoke from Realtor.com predicts that the following zip codes will grow the fastest over the next 5 years.
32801 Ponte Vedra 19%
34211 Brandenton 18%
32832 Orlando 17%
If you are in Jacksonville Florida contact your Realtor Sheyla Rivera Roman from Edgewater Realty to buy a house 904-330-4544