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FYI (For Your Investment): Emerald Coast Renting vs. Purchasing Real Estate

Monday, January 11, 2016   /   by Jennifer Wilson

FYI (For Your Investment): Emerald Coast Renting vs. Purchasing Real Estate

The new year offers great opportunities to start with a fresh outlook and setting new goals and resolutions. Does your plan for 2016 include real estate objectives for a new home or maybe investment property?

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!The-Cost-of-Waiting-to-Buy_Web.jpg

Nathan Abbott Team / ResortQuest Real Estate
9657 US Hwy 98
Miramar Beach, FL 32550
850-632-0284
850-803-7653

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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated September 15, 2019
The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated September 15, 2019
Copyright© 2019 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.