Purchase v Rent

8-2-12:  according to Zillow, <<In Miami, Fort Lauderdale and Tampa, a homebuyer needs to stay less than one year and eight months to make ownership the best financial option; in Orlando, he or she needs to stay less than one year and nine months.>>

This means that it is less expensive to Purchase than to rent, if you plan on staying for close to a couple of years.  With continued record-breaking interest rates, and property values back to 2002 rates, and the income-tax deductions that ultimately come from owning your own home, this news is not too surprising!  Please feel free to contact me for your real estate questions and needs.  Thank you. 

All posts are written by Dawn Deegan, Broker-Associate REALTOR® with Charles Rutenberg Realty. She holds the designations of Accredited Buyer Representative (ABR®), Short Sale Foreclosure Resource (SFR), and she is a Graduate of the Realtor® Institute (GRI). She also holds the Transnational Referral Certification (TRC), enabling her to help in real estate endeavors world-wide. Dawn is dedicated to providing only the best possible services and expertise to her Buyers and Sellers of residential Real Estate in the Greater Orlando area. This includes Windermere, Orlando, Winter Park, Baldwin Park, and Davenport. Her emphasis is on superior delivery of sophisticated market data, quality and value to you, the Buyer or Seller. Contact Dawn Deegan at 407 286 5272 or at DawnDeegan@cfl.rr.com. Visit her at www.MakeABrilliantMove.com