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Malloy Realty Group at Premier Brokers International Blog

Tuesday, October 20, 2015   /   by Dan Malloy

Buying a Home Remains 35% Less Expensive Than Renting

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States.
 
The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% in Sarasota (FL), and 35% Nationwide!
The other interesting findings in the report include:

Interest rates have remained low and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation. “In the past year, these two trends have made homeownership even more affordable compared with renting.”
Some markets might tip in favor of renting if home prices increase at a greater rate than rents and if – as most economists expect – mortgage rates rise, due to the strengthening economy.
Nationally, rates would have to rise to 10.6% for renting to be ch ...

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Thursday, August 7, 2014   /   by Dawn Malloy

Just Listed 164 Evergrene Parkway, Palm Beach Gardens Florida 33410

Just Listed in the sought after community of Evergrene. 164 Evergrene Parkway, Palm Beach Gardens Florida 33410. 3 bedroom, 2.5 bathroom and a 2 car garage with fabulous views of Evergrene's 36 acre lake. Evergrene is known for its resort styly amenities inclusive of live music on Friday nights at the tiki bar, steel drum bands poolside on the weekends and movie nights on the beach. This townhome is offered at $274,500. Open House this Sunday from 2-4pm. Call Dawn at 561-876-8135 for details.

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Malloy Realty Group at Premier Brokers International
Dawn And Dan Malloy
9123 N. Military Trail, Suite 104
Palm Beach Gardens, FL 33410
561-876-8135
561-370-5736

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
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