Renters are on the Rise and so is Rent prices for 2010 - 08/19/10 09:08 PM
The recession and shifting demographics will grow the ranks of people who will rent, not buy, housing over the next five years.  By 2015 the % of home ownership will fall to 64%. We haven't seen this  level since 1993-94.
The flip side of this trend is a rising rental rate, which probably will hit 36% by 2015, versus 32.8% in 2004. So roughly 10 million extra folks could be moving into rentals over the next five years.
One of the reasons more young people will rent -65.6% of bachelor-degree recipients held an average of $23,300 in student debt by 2007-08, with both … (2 comments)

Palm Bay-Melbourne-Titusville, Fla. great for Retirees - 08/17/10 12:59 PM
A lot of Baby Boomers are either retiring or starting to plan for that big day of retirement. We have been saving for years in our 401 or IRA plan. Now we are wondering if our money will last or be enough to allow us the luxuries we have been dreaming about.
I am glad to announce the place I work, live and play is on Kiplinger list of 5 great cities for Retirees.
Here are the pros: Warm climate, lots of boating and fishing, beautiful beaches( 76miles long), golfing and tennis. No state income tax and low property taxes.   Melbourne International Airport very centrally located … (0 comments)

 
Cynthia_009

Cynthia White

Palm Bay, FL

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Serving Brevard Realty ( Brevard County)

Address: 950 N Courtenay Pkwy. Suite 3 , Merritt Island, Fl, 32953

Office Phone: (321) 652-1974

Cell Phone: (321) 652-1974

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