Why Buying a Home Makes More Sense Than Renting

Why Buying a Home Makes More Sense Than Renting
If you’re trying to decide whether to rent or buy a home, consider this:

Buying a Home Can Help You Escape the Cycle of Rising Rents.


Rents have been rising aggressively for decades. When rents rise, you pay more but you don’t get more. 

 

Homeownership is a Powerful Wealth-building Tool.


When you own, you gain equity as home prices rise and as you make your monthly payments. That’s a reason why homeowners have a higher net worth.

Homeownership is Typically Considered a Good Hedge Against Inflation.


With inflation high, landlords may be more likely to increase your rent. While homebuyers can lock in a monthly payment for 15-30 years.

72% of landlords plan to raise the rent on one or more of their properties in the next year. 

If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options!


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