Monday, January 11, 2016 / by Jennifer Wilson
The market is rapidly increasing across Florida, including our local Emerald Coast real estate market that spans the coast from Pensacola to Panama City Beach in the Panhandle. Mortgage rates along with property prices are expected to rise making now the time to buy! For renters considering purchasing a new home, there are estimated penalties to waiting even a year that almost triples when applied to three year projection. Many times you will save money monthly owning verses renting your home and will be investing in your future, instead of just paying into someone else’s property.
Realtor.com compared the cost of buying to renting to develop these average penalty rates on this chart. The Nathan Abbott Team works with the best lenders and business partners in the business, click here for a list and contact one to get started on your investments for 2016! If you are a first time homebuyer, there can be great incentives with financing and we are happy to work with you through the entire process. Please contact us, we have a team of real estate professionals ready to assist you. Click here to search available properties along the Emerald Coast and make 2016 the year of the new house!