Home-ownership Is a Bit More Than Merely Just the Facts

A newly released report by cost information website HowMuch.net reveals the goal is within reach-for some-and many are set on realizing it in spite of cost. In a side-by-side analysis of monthly housing costs, the slimmest gaps between owning and renting are shown to be in the Rust Belt as well as the Southeast. Home-ownership in West Virginia is considered the most easily achievable, requiring only $297 above and beyond the cost of renting. A home in Indiana, Arkansas, Florida and South Carolina is also relatively attainable. Many states favor renters expense-wise-the Garden State having the starkest contrast between renting and owning-but the intangible implications of home-ownership, such as privacy and security, are outweighing cost barriers. The report cites recent Census data showing that although the home-ownership rate is idling, owner household formation is occurring quicker than renter household formation. Still, the monthly expense of owning is, for many would-be homeowners, a non-issue. The report concludes: That ideal vision of “home” is strong enough to convince over half of all Americans to stretch their budgets searching for the yard with white picket fences. In all, no degree of data can overcome the perfect image of the perfect home.

So if you are ready to get started here in the Tampa Bay or Surrounding Areas, Nick & Cindy Davis are ready to assist you.

We have a team of REALTORS (R) who can assist you with all you need to do to obtain home-ownership and stop spending your money on something that will provide you with 0 return.