Why Buying a Home Makes More Sense Than Renting Today Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report Continue Reading about Why Buying a Home Makes More Sense Than Renting Today
Avoid the Rental Trap in 2023
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. Continue Reading about Avoid the Rental Trap in 2023
The Difference Between Renting and Owning [INFOGRAPHIC]
The Difference Between Renting and Owning Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options, remember Continue Reading about The Difference Between Renting and Owning [INFOGRAPHIC]
Owning Is More Affordable than Renting in the Majority of the Country
Owning Is More Affordable than Renting in the Majority of the Country If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning is more affordable than renting in the majority of the country. The 2022 Rental Continue Reading about Owning Is More Affordable than Renting in the Majority of the Country
Avoid the Rental Trap in 2022
Avoid the Rental Trap in 2022 Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988 (see graph below): In 2021, rents grew dramatically. According to Continue Reading about Avoid the Rental Trap in 2022
Reasons Renters Buy [INFOGRAPHIC]
Reasons Renters Buy Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If you’re ready to take advantage of the perks of homeownership, let’s connect to explore your Continue Reading about Reasons Renters Buy [INFOGRAPHIC]
With Rents on the Rise – Is Now the Time To Buy?
With Rents on the Rise – Is Now the Time To Buy? According to recent data from realtor.com, median rent prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are Continue Reading about With Rents on the Rise – Is Now the Time To Buy?
Clear Financial Benefits of Owning a Home Over Renting
Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and Continue Reading about Clear Financial Benefits of Owning a Home Over Renting