To determine the income required to buy a home in Dr. Phillips, it is recommended to consider the general guideline of spending no more than 30% of your monthly income on housing costs. Additionally, you may want to consult with a local real estate agent who specializes in the Dr. Phillips area to get a better understanding of the current market conditions and home prices in the neighborhood. I can provide you with more specific information based on your desired home and financial situation. It is also beneficial to speak with a preferred lender who can evaluate your financial profile and provide you with a pre-approval or estimate of the loan amount for which you may qualify.
Sure fire employment is in the local area to meet the needs of these homes. Many are retirees that migrate and choose this area from all over the country settle in the Dr. Phillips area where there are a series of golf courses and nearly warm weather year round. This ideal location is ideal for all ages because there is so much to offer with the Disney and theme parks in the local area with nightly fireworks you may possibly see from your back or front yards.
The annual income on the average for the Dr. Phillips area is135k on up for a 500-850k home with a nice down payment. The taxes also vary due to gated communities, waterfront homes and amenities. The employment opportunities in the local area can surely produce this income to qualify for a home. Again I emphasize that this area draws many retirees for as lifestyle living is a premium with a luxury custom home to a condo or townhouse. See your trusted advisor for more details.
As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida housing market to purchase or for the sale of your home. In the absence of trustworthy information whether it's a housing crisis or local housing market, real estate decisions are being driven by fear, uncertainty and doubt. We as trusted advisors drive the real estate community to ensure you are making the right decision.
Part of my job is to keep you informed and educated of the local housing market trends, pricing and inventory level, buying information on the buying and selling process to include real estate common terms and videos. It is important to keep updated on the market trends, don't get confused with the media, they talk national data, I can provide the most up to date local area data.
So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact me today at 850 496-6412 to begin a new walk to homeownership and all your real estate needs.