Rents Keep Rising
Are you tempted to rent for another year before you buy your first house? Consider this. Data shows rents usually rise. And so do home prices. So, you could renew your lease, but chances are you’ll pay more in rent than you do now. But if you buy, any future home price increases work in your favor. That’s because when you own your home, you gain equity (and grow your net worth) as your home’s value goes up over time. If you can make the numbers work today, buying may make more sense in the long run. Are you interested in finding out what a starter home costs in our market? DM me.
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The Home Run Team, Ltd. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The Home Run Team, Ltd. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
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We're here to help people live wealthier lives and enjoy more freedom by educating and guiding them through their lifelong real estate journey. Whether you're buying a home, looking to sell or relocate, or are an investor, we can help you. No agents will work harder for you, because to us, going to bat for you, isn't work. That's just what you do when you're a team.
