Monday, May 29, 2006

Sell to renters sleeping soundly in the US

Firstrung: Its a renters marekt

In Riviera Beach, for instance, three-bedroom townhomes are renting for as low as $1,150 a month. Owning one would cost about $1,800 to $3,000 a month, after a 20 percent down payment. In West Palm Beach, $400,000 townhomes are renting in the $1,500 range. Owning one would cost nearly twice that per month. In Lantana, a $450,000 three-bedroom condo with an Intracoastal view is available for $1,850 per month. In Port St. Lucie, three-bedroom, $450,000 houses are renting for about $2,200, a third less than they would cost to own

Posted by Converted Lurker @ 10:45 AM (672 views)
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