It’s Better to Buy a Home in Tampa Than Rent for 2018

Florida seems to be where to invest in real estate in 2018 and beyond. Jacksonville is one of five cities making it into the top 20. With a 3.2 percent growth in employment in one year and 3.1 percent increase in population over two years, Jacksonville is conducive to prospective property owners. Its rental yield is better-than-average as well.

But experts were not convinced the market was on its way back up, as prices were still 1.9 per cent lower than the same time.

SmartAsset’s interactive buy vs. rent map highlights the places where buying a home is better than renting based on the number of years you plan on staying in your home. The top 10 counties identified below are those places where buying becomes a better financial option than renting in the shortest amount of time.

Nearly two-thirds of Americans live in areas where it is more affordable to rent than buy.. luxury home anymore. Renting may be better than owning to build. in January 2018, according to.

While there are many misconceptions about why a person thinks they should continue to rent – transient job status, inability to maintain a property, afraid to "take a risk" etc. – the overwhelming evidence shows it is fiscally prudent to purchase a home instead. According to the Tampa Bay Times, people earning an average wage in the Tampa Bay area spend between 37% – 48.7% of their income on rent, whereas, home owners spend only 32% – 34.7%on their monthly mortgage.

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IRVINE, Calif. – Jan. 11, 2018 – ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its 2018 Rental Affordability Report, which shows that buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 U.S. counties analyzed for the report – 54 percent.

When will it be easiest to sell your house fast in Tampa? In this post, I will help you figure out when the best time to sell your home is! THE BEST TIME TO SELL YOUR HOME IN TAMPA IS THERE A PARTICULAR SEASON THAT IS BETTER THAN OTHERS? The general theory is that people are buying more frequently in spring and summer time.