People often ask whether or not now is a good time to buy a home. No one ever asks whether it is a good time to rent..?
Tag Archives: Renting
Do you know the cost of Renting vs. Buying? Historically the % of your income needed to afford a home vs renting was a much closer margin. Renting made a lot more sense. Now… Renting will cost you 30.1% of your income compared to buying a median home at 15.3% of your income. Either way […]
I have recently been talking to a lot of first time home buyers who are trying to figure out whether they should buy a home or keep renting. Owning a home is the “American Dream”. What exactly are the benefits of owning over renting?