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7 Reasons You Should Buy a Home Now

Posted by David & Karisa McElroy on June 29, 2016
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This is according to Florida Realtor magazine:

  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, it is still cheaper to buy than rent.
  4. We’re nearing the end of the era of low mortgage rates and moderate home prices.
  5. Personal income is starting to rise again.
  6. Housing demand still exceeds supply.  If you wait, it may be harder to find an ideal home at a price you can afford.
  7. Millennials, the largest cohort in history, are reaching their peak home buying years.  This could further tighten the supply of homes for sale.

    Hottest Zip Codes Based on Supply and Demand:

33778 Largo, 32708 Winter Springs, 32826 Orlando, 32904 Melbourne, 33624 Tampa,

32828 Orlando, 32905 Palm Bay, 32765 Oviedo, 32907 Palm Bay, 32825 Orlando

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