The following is a list of price-to-rent ratios, the median existing home price divided by the average annual rent you’d pay for a comparable home in the area.
Virginia Beach home purchases have seen an increase due to many factors. Younger buyers are more educated about home buying processes and see value in purchasing homes now, when prices seem to be more reasonable. Also, many studys show that rent may be higher than mortgages. Take a look at the information below and ask yourself —to buy or not to buy?
|Kansas City, MO||17.10||13.62|
|Salt Lake City||20.02||14.34|
|Santa Ana, CA||28.21||20.54|
|West Palm Beach||14.59||13.06|
April Partida is a Professional, Experienced and Results Oriented, Top Virginia Beach VA Realtor committed to meeting your needs.
April has distinguished herself as a leader in the Virginia Beach Virginia real estate market. April assists buyers looking for Virginia Beach VA real estate for sale and aggressively markets Virginia Beach homes for sale. April is also a Short Sales and Foreclosures Resource Specialist (SFR). Avid foreclosure and short sale expert, committed to helping families in financial hardship find options to foreclosure.
You can reach April at 757-227-1777 or by email, email@example.com.