Why Renting May Not Make Sense

People often ask me if it’s a good time to buy a home. No one ever asks if it’s a good time to rent.  To be clear, today is NOT a good time to rent – think money trap!

The Census Bureau recently released their third quarter median rent numbers.  Take a look:

Rents are increasing and do not show signs of slowing down. If you considering renewing your lease, you may want to consider buying a home.  The financial benefits could be considerable to you.

Real Estate Bottom Line

Protect yourself from rising rents.  Lock in your housing expense by purchasing a home.  Let’s discuss your situation to decide what’s best for you!