Tuesday, October 17, 2017

Deciding Between Renting and Owning?

Compare the cost of Renting vs. Owning a Home in Every State in 2017 to determine the most affordable option. According to GO Banking Rates, it has traditionally been financially wiser to own a home rather than renting one.  But as the demand increases and the supply decreases, the price of homes has been rising across the country, per real estate marketplace Zillow. So is it better to rent or own?

In a survey comparing costs of renting versus owning, a number of places were found where it is more expensive to own than rent.  This was the case in 11 of the 50 states, including a few states where the price difference is nominal.

The study looked at the estimated rent prices for all homes listed on Zillow.  Additionally the estimated monthly mortgage to own a home in each state was calculated, based on the median list price of homes listed on Zillow, a 20% down payment and a 30 year fixed rate loan.

The monthly rent in Florida was determined to be $1,543 on average with a monthly mortgage average of $1376.  One could argue based on these numbers that it is better to buy than rent in the Sunshine State.  Home prices have been rising in Florida so if you are considering making your move, there is no better time than the present.  Let Kohan & Associates help with the process.  Visit our website at www.Suncoasthome.com.

To read more about other states from this article, click here. 


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    Outstanding duplex penthouse located in one of the most luxurious communities on the New Golden Mile, between Marbella and Estepona. Enjoying fabulous views to the sea, this penthouse is offered fully furnished and decorated to high-end luxury standards, with top designer furniture and decoration. It comprises: entrance hall; open-plan kitchen with hatch, top quality appliances and independent laundry room; living/dining room with fireplace and access to a terrace with sea views; 2 bedrooms, one en-suite and with access to the terrace, the other with separate bathroom. Upstairs: en-suite master bedroom with high wooden ceilings, dressing room, bathroom with shower and hydro-massage bathtub and access to two terraces with barbecue, Jacuzzi and amazing views to the gardens and the sea. One double parking space and one storeroom are included in the underground level. Extra features include: intelligent home system, A/C hot and cold, piped music and alarm. The community offers 24-hour security, gymnasium, saunas, outdoor swimming pools and one indoor pool.
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    This villa takes your breath away as you walk through the over sized entrance and see the sweeping views of the Mediterranean Sea. The bright and airy open space leads you to the large salón surrounded by glass windows and doors allowing the views of the sea to be seen from every angle. On ground level, you have a large separate kitchen, formal salon, dining and large room currently used as an office area and relaxing television room, guest cloakroom and a guest suite with dressing room and en suite. Upstairs from the sweeping staircase you are greeted with an exceptional master suite with en suite and dressing area where the views can be seen even from the bath tub. There is also another large guest suite, again with dressing area and en suite. Moving to the basement taking the lift if you so wish, you have 2 further bedrooms, both of which are self contained with their own small salons and kitchen areas, both these guest suites lead on to an outside terrace with steps that take you to the garden area. Walking outside of the villa you are met with a beautiful covered terrace and large heated swimming pool and gazebo bbq area, where the views are spectacular. The garden area surrounds the villa from the driveway in, around to the garden and sweeping driveway that takes you to the underground garage. Overall, this villa is breathtaking. For those that appreciate the beauty of the timeless Andalucian charm and exquisite finish with views that stretch the coast, then this property is a must see.
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    A VERY REALISTIC PRICE for this huge and very bright family villa in Hacienda Las Chapas, ranking on a Top-10 over most prestigious urbanisations on the entire Costa del Sol. The villa offers plenty of space for the large family with 7 bedrooms (of which 6 are en-suite)!
    LAYOUT ENTRY LEVEL: Hall with gallery, a fully fitted kitchen with separate utility room, a separate dining room, lounge with access to the ample porch, a TV room, one bedroom en-suite, and a cloakroom for guests.

  3. Properties for sale Marbella, Spain.
    Apartment for rent in Marbella, Spain.
    Located in a Beachfront and firstline golf exclusive complex, this 4 bedroom 4 bath apartment ,completely renovated with the highest quality material has open sea views and is walking distance to all amenities, beach restaurants, commercial center.. nearby. It has an open american kitchen, wooden floors, a/c hot and cold, a large south west facing terrace, 3 double bedrooms ensuite and an additional guest accomodation. The complex has a large community pool , paddel tennis court, 24h security, private parking and a storage room are included in the price. A rare opportunity to acquire a stunning property in a beautiful exclusive residential area. Only 820.000€!
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  4. BEACH SIDE! Beautiful Mediterranean style villa located in a corner and just 100 m from the sea in one of the best streets of the sought-after urbanization of Guadalmina Baja. The views of this villa are unbeatable to the sea and the surroundings of this wonderful enclave.

    The property, distributed on 2 levels, consists, on the ground floor, of: entrance hall, large living room with fireplace with access to the terrace and pool; large separate dining room also with access to the outside; very bright kitchen located in the corner; guest suite bedroom; guest toilet.

    Upstairs: two large en suite bedrooms with access to a south facing terrace with delicious sea views; another 2 bedrooms en suite with access to a terrace facing north from where we can also see the sea and the wonderful complex of Guadalmina. It has space to park 2 cars.

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  5. Magnificent property is situated in one of the best and prestigious neighbourhoods of the coast, just a couple minutes’ drive to Marbella’s centre, beaches, golf courses, international schools, shopping areas and a variety of services. Glamorous Puerto Banus is within 10-min drive. It is worth mentioning that the new deluxe modern gated residential complex Reserva de Sierra Blanca enjoys the advantages of bioclimatic architecture providing its residents with a better indoor climate, having zero carbon emissions and reducing energy consumption. Luxury SPAIN FOR SALE. Its community areas are designed for leisure and pleasure and boasts modern pools with wooden decks and solarium, wonderful landscaped gardens with mature trees, flowerbeds and natural stone wall creating magical and unique Mediterranean setting. The private underground garage has space for 2 cars, and there is also a large storeroom on this level. The complex is securely located within a gated community, and is only 700 metres away from Mercadona. Located halfway between Marbella and Estepona, in the heart of Atalaya Alta. This development finds itself in one of the most exclusive settings, surrounded by nature and just steps from all sorts of amenities, services, restaurants, beaches, golf courses and schools, etc. It is an idyllic place to enjoy the pure air and tranquillity, at the same time surrounded by beautiful countryside but close enough to the coast to enjoy all the available facilities that there is to offer.

  6. Location. Location. Location! Luxury PROPERTIES FOR SALE IN PUENTE ROMANO. Here is an opportunity to secure this exquisite duplex penthouse on Marbella's Golden Mile with sea views over the local area and out to the Mediterranean Sea. With the continued popularity of the Costa del Sol amongst investors from all over the world, apartments like this Marbella penthouse are in high demand. Spacious 3 bedroom and 3 bathroom south facing duplex penthouse in the very popular frontline beach complex Alcazaba Beach close to Estepona (walking distance). With views to the gardens and direct access to the beach. Enormous terrace of 215 m2 enjoying breathtaking sea views, with several seating and dining areas; private pool. Private garage space. The complex is fully gated and has night time security. Only a 7 minutes' drive to Puerto Banús and Marbella centre!

  7. Perfect Oasis of Calm set in Stunning Communal Gardens! On entering, you will find an entrance hall with lounge/dining room off, leading through to a glassed in conservatory bathed in sunlight, and giving views onto the manicured gardens. 2 bedrooms, 2 bathrooms, brand new kitchen leading onto a utility room. There is an office off the master bedroom and a terrace off the guest bedroom. The lounge has stucco walls, and the terrace off the lounge is large and south facing, overlooking the decorative fountains and water features, along with hundreds of species of plants, flowers and trees from all over the world, these can be admired from every corner and by strolling through the path ways that wind throughout the gardens. The property also includes 2 private parking spaces and 2 storage rooms in underground garage. The complex is gated with 24-hour concierge service, has beautiful mature communal gardens, indoor and outdoor pools, and has direct access to the beach and promenade. Ask SPAIN FOR SALE for more info.

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