The Cost of Renting vs. Buying This Spring
Some Highlights:
- Historically, the choice between renting or buying a home has been a tough decision.
- Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
- Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
To view original article, visit Keeping Current Matters.
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If you find yourself wanting space, or amenities your current home just can’t provide, it may be time to consider listing your house for sale.
Watching the Stock Market? Check the Value of Your Home for Good News.
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The key to selling in a changing market is understanding where the housing market is now.
Buyers Are Regaining Some of Their Negotiation Power in Today’s Market
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Getting Your House Ready To Sell? Work with an Agent for Expert Advice
For any projects you’ve already completed or for those you plan to do before listing, make sure your real estate professional knows.