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It’s Now Cheaper to Own, than Rent

Nov29
2011
Leave a Comment Written by Dan

With interest rates hovering around the 4% mark on a 30-year fixed mortgage, owning a home has become cheaper than renting in 12 metropolitan areas, including Miami, Orlando, Atlanta, and Chicago.

The Wall Street Journal states, “Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities.”

Inventories of existing homes have begun to drop. Miami alone saw a 50% drop in their available inventory. South Florida has become a focal point for Northerners who are looking for a warmer climate, or Canadian property investors looking for homes to rent season to season.

Other areas where renting is becoming more expensive than home ownership include Jacksonville, Phoenix, Tampa and Las Vegas. All these areas are primed to see an increase in property sales and real estate values.

Although finding a buyer may not be as simple as it was five years ago, the recent figures show that people are looking for properties. The more properties sell, the higher property values will go. Listing a property now may gain you a buyer quicker than you think.

Posted in Market News, Press - Tagged chicago, florida, jacksonville, miami, rent or own, rent vs own
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Featured City: Bradenton, FL

Jun15
2010
Leave a Comment Written by Shanna

As part of a special feature at the Buy Owner Blog, we’ll be highlighting cities throughout the nation, profiling their attractions and conveniences, as well as pointing out some currently for-sale homes in the area!

Bradenton

Today’s featured city: Bradenton, FL!

Located along U.S. 41 between Tampa and Sarasota, Bradenton is a beautiful Florida community loaded with waterways, bordered on the north by the Manatee River and separated from the outer barrier islands of Anna Maria Island and Longboat Key by the Intracoastal. Enjoy beaches, water sports, boating and more! Plus, this area also features several golf courses.

Cultural attractions in Bradenton include Riverfront Theatre, the South Florida Museum, Bishop Planetarium, Parker Manatee Aquarium, ArtCenter Manatee and Village of the Arts, a neighborhood that’s specifically designated for residents to live and work in their homes. The Myakka River State Park is just seven miles east of Sarasota and

Take a look at these Buy Owner properties currently for sale in Bradenton!

  • $479K: 3-bedroom, 2-bath pool home in country club community
  • $395K: 3-bedroom, 2-bath lakefront home with pool/lanai
  • $239K: 2-bedroom, 2-bath condo in pristine community
  • $65,500: 2-bedroom, 2-bath fully furnished & remodeled condo

Image Credit: Byron Packwood

Posted in Buying Tips, Tips and Ideas - Tagged bradenton, buying a house in bradenton, featured city, florida, regional information
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Featured City: Riverview, FL

Mar30
2010
Leave a Comment Written by Shanna

As part of a special feature at the Buy Owner Blog, we’ll be highlighting cities throughout the nation, profiling their attractions and conveniences, as well as pointing out some currently for-sale homes in the area!

Today’s featured city: Riverview, Florida!

Located near Brandon in Hillsborough County, Riverview is a Tampa suburb with easy access to I-75. Location alone makes it an ideal place to call home, as it’s not only 30 minutes from Tampa but also 50 minutes from Bradenton beaches, an hour from Disney and under three hours from the Kennedy Space Center.

Within Riverview, natural beauty abounds, from Lithia Springs State Park and Alafia River to the Gulf of Mexico’s fishing, surfing and water sports. Take your pick of golf courses, entertainment options and plenty of shopping and dining.

With its excellent location and amenities, Riverview is a perfect place to call home.

Take a look at these Buy Owner properties currently for sale in Riverview!

  • $249,900: 3 BDRM, 2 BA Upgraded Single-Family Home on Corner Lot
  • $225K: 6 BDRM, 2.5 BA Single-Family Home with Modern Kitchen
  • $178,500: 3 BDRM, 2.5 BA Like-New Single-Family Home
  • $160K: 2 BDRM, 1 BA Log Cabin
  • $88K: 2 BDRM, 1.5 BA Villa

Image Credit: shane_guy

Posted in Buying Tips, Regional Info - Tagged featured city, florida, profiled community, riverview
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Fall Events: Tampa

Oct20
2009
Leave a Comment Written by Alicia

tampa

If you’re not spending the day at Clearwater Beach, Busch Gardens or one of the other numerous year-round attractions found in the Tampa area, head to one of these unique festivals, sporting events or concerts! Whether you want to test your luck at animation, learn more about Ybor City’s history with cigars, taste new seafood favorites or celebrate Halloween with a worldwide crowd, you’re in luck!

Sports

National league and college teams are geared up to entertain and hopefully awe their fans this fall season, which marks the start to months of football and hockey in the Tampa area. Purchase tickets in advance for the best chance at seeing live action!

For Tampa Bay Buccaneers NFL football tickets, visit buccaneers.com.

For Tampa Bay Lightning NHL hockey tickets, visit tampabaylightning.com.

For University of Southern Florida Bulls football tickets, visit gousfbulls.com.

Indoor Activities

Now through Dec. 23 at the Dunedin Fine Arts Center, explore how contemporary art ties into 18th century art at the Cabinet of Natural Curiosities exhibit. Admire a variety of sculptures, paintings, ceramics, jewelry and more.

At the Museum of Science and Industry, visitors can still view the special Animation Exhibit! Learn how animation was first created, explore the process it takes to create our favorite animated characters, and test your luck at creating animation! Tons of information is available for those who plan on making a career out of it.

Year-round, you can enjoy visits to the Florida Aquarium, Busch Gardens, Adventure Island, Channelside, Lowry Park Zoo, the Tampa Gallery of Photographic Arts, Tampa Theatre and so many more museums and parks! For more information on permanent attractions, visit islandtime.com.

Outdoor Activities

Between Oct. 15 and Oct. 18, head to Coachman Park for the annual Clearwater Jazz Holiday. Here, you can enjoy four free days of world-class jazz performances.

On Oct. 31, celebrate Halloween with a worldwide crowd by attending Guavaween, the annual Tampa celebration that attracts travelers to its parade, costume contest, and national and local concerts. From 11 a.m. to 4 p.m., bring your kids along for a scavenger hunt, candy, rides and more. After 4 p.m., dance away the night in costume at the adult festivities in Ybor City, full of restaurants and nightclubs!

On Nov. 1, plan on attending the Conga Caliente Festival for a taste of worldwide entertainment! Live performances include nationally and internationally talented stars. Aside from the entertainment, an assortment of foods and crafts are available for purchase.

Savor gourmet Florida favorites at the annual Ruskin Seafood and Arts Festival on Nov. 3 and 4. At Simmons Park, over 20 vendors will offer samples of seafood specialties, such as shellfish, oysters, alligator, clam chowder and so many more! A craft show and live entertainment are also provided.

View the historic Ybor City like you’ve never seen it before! On Nov. 20, after purchasing a “passport”, enjoy a guided tour of Ybor City, admission to the Ybor City Museum State Park, and tours of the J.C. Newman Cigar Factory, Oliva Tobacco Company and Tampa Sweethearts Cigar Company. Head home with a bag full of cigar treats and souvenirs.

On Nov. 21 in Ybor City, attend the Cigar Heritage Festival between 10 a.m. and 5 p.m. for samples of cigars from around the world! Also enjoy cigar demonstrations, cigar rolling, live entertainment and a variety of ethnic food and drinks.

Concerts and Theatre

Brad Paisley, with Dierks Bentley and Jimmy Wayne, Oct. 16, Ford Amphitheatre

Walking With Dinosaurs, Oct. 17, St. Petersburg Times Forum (Ice Palace)

Robin Williams, Oct. 20, USF Sun Dome

All Time Low, Oct. 26, The Ritz Ybor

REO Speedwagon and Styx, Oct. 30, Ford Amphitheatre

Brand New, Nov. 5, The Ritz Ybor

Wonderland: Alice’s New Musical Adventure, Nov. 24 through Jan. 3, Tampa Bay Performing Arts Center

Miley Cyrus, Dec. 1, St. Petersburg Times Forum (Ice Palace)

Posted in Buying Tips, Tips and Ideas - Tagged fall events, florida
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Spring Events: Tampa

Apr14
2009
Leave a Comment Written by Carrie

tampa

There is no better time to tool around Tampa than during the spring! As always, Buy Owner has the inside scoop on the happenings around town.

• OUTDOOR EVENTS allow you to get out in the sunshine and experience all that Tampa has to offer!

Island Fest: The theme of Island Fest is called “Land, Air & Sea!” Bring everyone together for free airplane rides, youth sailing demonstrations, live entertainment and art/vendor exhibitions! There are also plenty of food and drink stands to keep you going throughout the day. This event takes place on Saturday, April 18.

Taste of New Tampa: The 16th Annual Taste of New Tampa is being held on Sunday, April 19, from 1 to 4 p.m. It’s a Health and Business Expo coupled with the Taste of Local Area Restaurants to raise money for local charities. Local area restaurants come together with the local business and medical professionals to raise money for local children’s charities. On the day of the event, adults pay $15, children over the age of five pay $10 and those five and under are free. Visit NewTampa.org for more info.

Arthritis Walk: There is plenty of time to frolic around Tampa during the spring. But how about participating in a fun event that raises awareness? The Arthritis Walk is taking place at Al Lopez Park in Tampa on Sunday, May 2. Registration begins at 8 a.m. and the walk starts at 9 a.m. You can choose between a one-mile or three-mile walk route. If you can’t make out to the walk, you can still donate to the cause!

• TAMPA SPORTS begin with a bang! Baseball is back! The Tampa Bay Rays had a winning season last year and made it all the way to the World Series. Their upsetting fall to the Philadelphia Phillies should fuel their desire to play hard and get back to the big game this October. The 2008 Rookie of the Year, Evan Longoria, hopes to lead the AL in homeruns and take his team to victory this time around.

And just because the hockey season is over for the Tampa Bay Lightning, it doesn’t mean that the fans have to stop supporting the team! You can always volunteer for the organization or buy some of the latest merchandise.

• CONCERTS abound in Tampa. But this time around, stay out of the huge indoor venues. Get outside and enjoy the music under starry skies. Here are a few shows taking place at outdoor venues in the Tampa area.

Some upcoming concerts include:

  • Katy Perry, April 28, Jannus Landing
  • Tribal Style (reggae), May 6, Skipper’s Smokehouse
  • Gavin Rossdale, May 18, Jannus Landing
  • Grateful Dead Night (tribute band), May 21, Skipper’s Smokehouse

Celebrate spring in Tampa! Get out there and enjoy some fun in the sun.

Posted in Buying Tips, Regional Info - Tagged living in tampa, spring, spring events, tampa events
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