The Takeaway: There may have been times in our history where renting was a cheaper option that buying, but that time is certainly NOT now. The above graphic clearly demonstrates that the percentage of income needed to rent a median-priced home today is at a national average of 30%(of ...
Continue ReadingThere has been quite a bit of chitchat regarding the rate at which home prices have been rising. As previously mentioned, the vast majority of the US is experiencing a distinct home supply shortage. This of course means that Buyer Demand is far outpacing current Seller Supply. If you are ...
Continue ReadingClosed Sales for Tampa – St.Petersburg – Clearwater MSA_Dec. 2016 Sales by Price Range Tampa – St.Petersburg – Clearwater MSA_Dec. 2016 As always, call or text me at 727-755-3434 and I would be glad to share the right information , in order for you to make informed decisions about real ...
Continue ReadingThe price of most any product is determined by the Supply and Demand for that product/item in the market place. Every month, The National Association of REALTORS (NAR) surveys over 50,000 real estate practitioners regarding “their expectations for home sales, prices and market conditions”. The resulting data obtained by this ...
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