Title Florida shines if you want your own home
Media Site: http://www.tampabay.comTitle Florida shines if you want your own home
Media Site: http://www.tampabay.com
Co-Cities: Tampa and Jacksonville, FL
Primary URL: http://www.nerdwallet.com/blog/2014/best-places-homeownership/
By Christina Sturgis
Florida cities are very well represented on Nerd Wallet’s list of best metros for homeownership. Ocala and Naples are on the list of small metros; the Palm Bay-Melbourne-Titusville area is on the li
medium-sized metros and Jacksonville is on the list of large metros.
Nerd Wallet’s criteria are a high rate of homeownership, a high median income and a low cost of living. The Sunshine State’s median income, $47,309 is lower than the U.S. median of $53,046, which usually helps it in state-to-state comparisons. The cost of living is lower, too. For example, Ocala and Tampa have an equal cost of living of 88 on a scale with 100 as the U.S. average. Tampa’s housing index is 60 and Ocala’s is 59 on that same scale.
It is not surprising that Florida cities pop up on the 30 city list divided into three tiers. Florida’s homeownership rate is 68.1 percent, a bit higher than the 65.5 percent for the nation as a whole. Naples (79.4 percent) and Palm Bay (75.2 percent) and Titusville (68.3 percent) all exceed the U.S. rate. Tampa (51.7 percent), Ocala (51.9 percent) and Melbourne (62.3 percent.) are below the national average.
Nerd Wallet theorizes that a high rate of homeownership means there is an inventory of homes for sale and more opportunity to become a homeowner than in a more competitive market. Tampa’s coastal location may present a more desirable quality of life that makes homeownership a more competitive endeavor. That doesn’t mean central Florida doesn’t emphasize its assets; Ocala, for example, has a more inland location, but is betting the stables of the horse racing industry and myriad outdoor adventures will draw residents.
Jacksonville, also a coastal city, is not only touting sports, blues and country music, but invites the public to take advantage of fine medical and meeting facilities. Title Florida shines if you want your own home
Media Site: http://www.tampabay.com
Co-Cities: Tampa and Jacksonville, FL
Primary URL: http://www.nerdwallet.com/blog/2014/best-places-homeownership/
By Christina Sturgis
Florida cities are very well represented on Nerd Wallet’s list of best metros for homeownership. Ocala and Naples are on the list of small metros; the Palm Bay-Melbourne-Titusville area is on the li
medium-sized metros and Jacksonville is on the list of large metros.
Nerd Wallet’s criteria are a high rate of homeownership, a high median income and a low cost of living. The Sunshine State’s median income, $47,309 is lower than the U.S. median of $53,046, which usually helps it in state-to-state comparisons. The cost of living is lower, too. For example, Ocala and Tampa have an equal cost of living of 88 on a scale with 100 as the U.S. average. Tampa’s housing index is 60 and Ocala’s is 59 on that same scale.
It is not surprising that Florida cities pop up on the 30 city list divided into three tiers. Florida’s homeownership rate is 68.1 percent, a bit higher than the 65.5 percent for the nation as a whole. Naples (79.4 percent) and Palm Bay (75.2 percent) and Titusville (68.3 percent) all exceed the U.S. rate. Tampa (51.7 percent), Ocala (51.9 percent) and Melbourne (62.3 percent.) are below the national average.
Nerd Wallet theorizes that a high rate of homeownership means there is an inventory of homes for sale and more opportunity to become a homeowner than in a more competitive market. Tampa’s coastal location may present a more desirable quality of life that makes homeownership a more competitive endeavor. That doesn’t mean central Florida doesn’t emphasize its assets; Ocala, for example, has a more inland location, but is betting the stables of the horse racing industry and myriad outdoor adventures will draw residents.
Jacksonville, also a coastal city, is not only touting sports, blues and country music, but invites the public to take advantage of fine medical and meeting facilities.

Co-Cities: Tampa and Jacksonville, FL
Primary URL: http://www.nerdwallet.com/blog/2014/best-places-homeownership/
By Christina Sturgis
Florida cities are very well represented on Nerd Wallet’s list of best metros for homeownership. Ocala and Naples are on the list of small metros; the Palm Bay-Melbourne-Titusville area is on the li
medium-sized metros and Jacksonville is on the list of large metros.
Nerd Wallet’s criteria are a high rate of homeownership, a high median income and a low cost of living. The Sunshine State’s median income, $47,309 is lower than the U.S. median of $53,046, which usually helps it in state-to-state comparisons. The cost of living is lower, too. For example, Ocala and Tampa have an equal cost of living of 88 on a scale with 100 as the U.S. average. Tampa’s housing index is 60 and Ocala’s is 59 on that same scale.
It is not surprising that Florida cities pop up on the 30 city list divided into three tiers. Florida’s homeownership rate is 68.1 percent, a bit higher than the 65.5 percent for the nation as a whole. Naples (79.4 percent) and Palm Bay (75.2 percent) and Titusville (68.3 percent) all exceed the U.S. rate. Tampa (51.7 percent), Ocala (51.9 percent) and Melbourne (62.3 percent.) are below the national average.
Nerd Wallet theorizes that a high rate of homeownership means there is an inventory of homes for sale and more opportunity to become a homeowner than in a more competitive market. Tampa’s coastal location may present a more desirable quality of life that makes homeownership a more competitive endeavor. That doesn’t mean central Florida doesn’t emphasize its assets; Ocala, for example, has a more inland location, but is betting the stables of the horse racing industry and myriad outdoor adventures will draw residents.
Jacksonville, also a coastal city, is not only touting sports, blues and country music, but invites the public to take advantage of fine medical and meeting facilities.

Advertisements