People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent.
The Census Bureau recently released their 2018 first quarter median rent numbers. According to their report, here is a graph showing rent increases from 1988 until today:
As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.
One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!
Author:Richard Fruge Phone: 682-214-3327 Dated: June 12th 2018 Views: 332 About Richard: ...
Holding a BA from New York University and an MBA from Fordham University, Dana is an accomplished businesswoman. Dana’s approach is both direct and successful due to her ability to listen to her clients and find the perfect match based on their needs. Focusing on honest and efficient transactions, Dana believes in creating positive experiences to build long lasting personal relationships with her clients. By using her extensive business background, combined with her passion and drive to help those around her, this combination of work ethic and personal drive has made her one the of the most honest and charismatic real estate agents in the area.