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Buy Or Sell With James Jestes and eXp Realty

386 315 4744
James@JamesJestes.com

Serving The Greater Daytona Beach Area

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Are You Wondering if This Is the Year To Buy a Home?

Are You Wondering if This Is the Year To Buy a Home? | Simplifying The Market

Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census data, rents have risen consistently for decades.

To make an informed and powerful decision, the first step is understanding what’s happening in today’s housing market so you can determine which option is the better long-term financial decision for you.

Rents Are Going Up Again This Year

Rents are skyrocketing right now. Data from realtor.com shows just how much rental prices are surging throughout the country. The graph below highlights rental unit price increases over the past year:

Are You Wondering if This Is the Year To Buy a Home? | Simplifying The Market

If you’re a renter and plan on signing a new lease, your monthly costs are likely to go up when you do. Those rising costs can have a big impact on your financial goals, including any plans you’re making to save for a home purchase.

Homeownership Offers Stable Monthly Costs

Of course, one of the key benefits of owning your home is that you’re able to lock in and stabilize your payments for the duration of your loan. That’s not the case when you rent.

While rents are already on the rise, there’s a good chance many people will see their rental costs increase even more this year. As Danielle Hale, Chief Economist at realtor.com, says:

“With rents already at a high and expected to keep going up, rental affordability will increasingly challenge many Americans in 2022. For those thinking about making the transition from renting to buying their first home, rising rents will remain a motivating factor. . . .”

So, if you’re ready to become a homeowner, waiting any longer may not make financial sense. Instead, escape the cycle of rising rents and enjoy the many benefits that come with homeownership today.

Bottom Line

Starting your journey towards homeownership can pay off significantly this year. If you’re financially ready today, let’s connect so we can discuss your options.


GIVE ME A CALL AND LETS TALK ABOUT YOUR REAL ESTATE NEEDS – JAMES JESTES 386-315-4744

Most Recent MLS Listings Today

580 Rio Vista Avenue Daytona Beach FL 32114
Featured
1 / 69
$799,000
3
BEDS
2
TOTAL BATHS
1,841
SQFT
580 Rio Vista Avenue Daytona Beach, FL 32114
Single Family Residence For Sale
- Active

Embrace the ultimate waterfront lifestyle in this stunning riverfront retreat, offering breathtaking views, deep-water access, and a private dock with a brand-new boat lift. This 3-bed, 2-bath, 1,841 sq. ft. home sits on 100 ft of deep water frontage

Listing courtesy of James Jestes of EXP Realty LLC
800 Black Duck Drive Port Orange FL 32127
Open House Sun, May 25, 4 PM UTC
1 / 51
$459,000
3
BEDS
2
TOTAL BATHS
1,770
SQFT
800 Black Duck Drive Port Orange, FL 32127
Single Family Residence For Sale
- Active

Welcome to your new lakefront pool home with dock, solar, and modern upgrades-MOVE IN READY! Experience Florida living at its best in this beautifully updated 3 bedroom, 2 bath brick and stucco home with a private dock, glistening pool, and stunning

Listing courtesy of Sharon Carter of Realty Pros Assured
723 Oakwater Lane Port Orange FL 32128
Open House Sat, May 24, 3 PM UTC
1 / 47
$425,000
3
BEDS
2
TOTAL BATHS
1,929
SQFT
723 Oakwater Lane Port Orange, FL 32128
Single Family Residence For Sale
- Active

This immaculate 3-Bed + Den Paytas Home with preserve views is a must see! Nestled in the highly sought-after community of Ashton Lakes. Waiting for new owners, this 2,000sq ft home is meticulously maintained and ideally located near top-rated school

Listing courtesy of Katie Brousse of Realty Pros Assured
263 Stirling Bridge Drive Ormond Beach FL 32174
New Listing - 2 hours on site
1 / 15
$1,138,542
3
BEDS
3
TOTAL BATHS
2,969
SQFT
263 Stirling Bridge Drive Ormond Beach, FL 32174
Single Family Residence For Sale
- Active

NOW UNDER CONSTRUCTION - BRAND NEW HOME! Experience luxury living in the award-winning Egret II by ICI Homes—a beautifully crafted, single-story residence offering 2,969 square feet of thoughtfully designed space perfect for both everyday living and

Listing courtesy of Ali Kargar of ICI Select Realty Inc

Check out some of these most popular home searches here at Daytona Beach Property Search

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SEARCH ALL HOMES IN THE GREATER DAYTONA BEACH AREA HERE

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Related posts:

  1. Year-Over-Year Rental Prices on the Rise
  2. 3 Benefits to Buying Your Dream Home This Year
  3. Why Owning a Home Is a Powerful Financial Decision
  4. Home Is Where the Heart Is More than Ever This Year

Posted in: Blog, First Time Home Buyers, For Buyers, Rent vs. Buy

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James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

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Latest Real Estate Information

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  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
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  • Is Wall Street Really Buying All the Homes?
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  • The Big Difference Between Renter and Homeowner Net Worth
  • Should You Sell Your House or Rent It Out?

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BUY AND SELL REAL ESTATE WITH JAMES JESTES

James Jestes Broker Associate SRN Real Estate Pros

James Jestes


Broker Associate | eXp Realty
386-315-4744
James@JamesJestes.com
I'm Available Daily:
8:00AM to 8:00PM

Call, Text or E-mail!

"As an Associate Broker with eXp Realty, I am dedicated to helping families and individuals accomplish their real estate goals by providing dedicated service when buying or selling a home. I have served my country in the U.S. Army and the U.S. Marines; I bring that same sense of service and selflessness to every one of my customers."

FEATURED LISTINGS

No Results Found.

SEARCH ALL OF THE GREATER DAYTONA BEACH AREA

Price

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Today’s Real Estate Information

  • 10 Great Homes For Sale In The Greater Daytona Beach Area
  • How To Get Your House Ready To Sell in 2025
  • Don’t Miss Out on the Growing Number of Down Payment Assistance Programs
  • What’s Behind Today’s Mortgage Rate Volatility?
  • Is Wall Street Really Buying All the Homes?

James Jestes, Your new favorite Realtor.

Hello my name is James Jestes and I am a Broker Associate with eXp Realty.  I am dedicated to helping you find your perfect new home. I’m a no hassle, no pressure agent here to help you accomplish your real estate goals. Please reach out to me and let me know how I can help you purchase or sell your home.

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Contact James Today

James Jestes
eXp Realty
386-315-4744
James@JamesJestes.com

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