Rent or own? Best metros to buy a home
Deciding whether to rent or buy a home is typically based on the cost of rent versus a mortgage payment. Financial technology company SmartAsset has identified the top 10 metro areas where buying is a better option than renting. Little Rock, Ark., came in first place on SmartAsset's list. The area’s average home price is $196,120 and average monthly mortgage payment is $496, while the average monthly rent is $1,146. Here are the cities behind Little Rock: 2. Louisville, Ky., $575 average…
See where LendingTree ranks Florida among destinations for homebuyers
Homebuyers moving out of state are heading south, with Florida the No. 2 most-popular destination, a new study from LendingTree shows. LendingTree says it reviewed purchase mortgage loan requests for primary residences in all 50 states in the last year — from October 2016 through October 2017 — to find the percentage of all requests from residents looking to move outside of their current state. The results reveal the most popular new destination for each state along with the percentage of…
$7 million home on Sarasota’s waterfront up for auction (Photos)
Sarasota’s largest bay front property is up for auction with no minimum bid. It was previously listed for just under $7 million. The 8,500-square-foot home located at 7922 South Holiday Drive on Little Sarasota Bay sits on a 3.5-acre lot with 260 feet of waterfront. Built in 2001, the five-bedroom, five-and-a-half-bath home features a 125-foot boat dock where the water sports enthusiast can access several boat lifts. The Schemmel Property Group, an affiliate of Premier Sotheby’s International…
Miami Heat player pays $7.4 million for Florida home
The team gave Waiters a $52 million contract this summer.
Tax change on mortgages could shake up the housing market
The proposal has vast geographical disparities and, if left unchanged, woud echo loudly through higher-priced cities on the coasts.
How a St. Pete tech startup is helping Realtors generate more sales leads
The local company has struck deals that expand its reach in the residential real estate market and provide additional funding.