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Study: Most renters should be buyers
NEW YORK – May 18, 2017 – Rent is so high that a typical renter in the U.S. can purchase a home nearly 50 percent more expensive than the median valued home and keep the same monthly housing budget, according to a new Zillow analysis.
The median rent in the U.S. is $1,416 per month, which is enough to cover the monthly expenses associated with...
6 Home Appraisal Myths You Need to Stop Believing Immediately
Article By Realtor.com
Putting your home up for sale can be an emotional endeavor. After you come to terms with saying goodbye to a place where you created countless memories, some stranger with a clipboard comes along and puts a value on what's priceless to you.
And that assessment has the power to tank the entire...
March Home Sales Strong in Lee County
FOR IMMEDIATE RELEASE
(Fort Myers, FL – April 21, 2017) – March was a good month for home sales in Lee County. The number of Closed Sales and Pending Sales, as well as the Median Sale Price, were all up last month.
Closed Sales for Single Family Homes jumped 18% last month, compared to March of 2016. Condos jumped even higher – with a...
Another Month of Fewer Closed Sales & Higher Sale Prices
(Fort Myers, FL – July 21, 2016) – June 2016 saw yet another drop in the number of closed sales in Lee County, but also another up-tick in prices, according to the latest data released today by Florida Realtors®. Last month, there were 1,177 Closed Sales on Single Family Homes, compared to 1,342 in 2015. That is a drop...
How Down Payment Assistance Can Help You Foot the Bill for a Home
House-hunting bummer: You’ve found the perfect home, and you’ll have no trouble covering your monthly mortgage and bills—but that 20% down payment is woefully out of reach. Could that mean you’re out of luck?
Not quite. That’s because there are 2,290 down payment programs acros...
5 Tax Benefits of Owning a Second Home
There are tons of benefits that come with owning a second home: novelty and adventure, a place to escape and unwind, an opportunity to create memories that last a lifetime, a valuable tool to make vacation-craving friends like you a whole lot (for better or for worse).
But there’s another benefit that’s often overlooked: the tax breaks...