Despite Atlanta's rising home values, buying is still cheaper than renting
Despite Atlanta's rising home values, buying is still cheaper than renting
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Compared to renters, local home owners saved hundreds on their monthly payments in March.
Compared to renters, local home owners saved hundreds on their monthly payments in March.
Surging mortgage rates in the U.S. are changing the calculus on whether it’s better to buy or rent. These days, it is more affordable to rent than buy a starter home in 38 of the 50 largest U.S. metro areas, according to a report from Realtor.com. Rent is up too, with the the median monthly payment jumping 14% year-over-year in June to a record $1,876. But higher mortgage rates have pushed up the costs of buying a home even more.In 2021, the average monthly mortgage payment for a star...
Surging mortgage rates in the U.S. are changing the calculus on whether it’s better to buy or rent. These days, it is more affordable to rent than buy a starter home in 38 of the 50 largest U.S. metro areas, according to a report from Realtor.com. Rent is up too, with the the median monthly payment jumping 14% year-over-year in June to a record $1,876. But higher mortgage rates have pushed up the costs of buying a home even more.In 2021, the average monthly mortgage payment for a star...
Some Highlights
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest US metropolitan areas reached $1,876 in June, a new record level for Realtor.com data for the 16th consecutive month.” That means rising prices will likely impact your housing pl...
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest US metropolitan areas reached $1,876 in June, a new record level for Realtor.com data for the 16th consecutive month.” That means rising prices will likely impact your housing pl...
Contact Magnolia Realty to find the best luxury homes for sale in Boyds, MD & Bethesda, MD, at your budget-suited price. They have hundreds of authentic real estate properties and homes listed on their website for sale in the area.
Contact Magnolia Realty to find the best luxury homes for sale in Boyds, MD & Bethesda, MD, at your budget-suited price. They have hundreds of authentic real estate properties and homes listed on their website for sale in the area.
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
If you’re moving to a new city, you may wonder whether you should rent or buy your next living space. Are there benefits of buying a home vs renting one? Read through our guide to learn more about the benefits of buying your home and why, for most people, buying is nearly always the superior choice. How Location Factors Into the Benefits of Buying a Home vs Renting Location can play a big part in your decision to buy or rent a home. If you are moving to a large metropolitan area like Los Angel...
If you’re moving to a new city, you may wonder whether you should rent or buy your next living space. Are there benefits of buying a home vs renting one? Read through our guide to learn more about the benefits of buying your home and why, for most people, buying is nearly always the superior choice. How Location Factors Into the Benefits of Buying a Home vs Renting Location can play a big part in your decision to buy or rent a home. If you are moving to a large metropolitan area like Los Angel...
One expert said it could be a generation or more until the return of nornal market inventory levels.
One expert said it could be a generation or more until the return of nornal market inventory levels.
On today’s show, I answered a listener’s question about whether to switch from the renting from furniture rental companies home staging business model to carrying your own home staging inventory!
On today’s show, I answered a listener’s question about whether to switch from the renting from furniture rental companies home staging business model to carrying your own home staging inventory!
To rent or buy … As mortgage brokers, we get that question often! The answer is different for everyone. Building equity by purchasing a home often makes financial sense, but sometimes renting wins. Many of our clients are surprised when we suggest renting. It has received such a bad rap over the years. We’re mortgage brokers, so our business revolves around real estate purchases. However, our clients are our first priority, so when renting is the best option, we tell them. If you’re on the...
To rent or buy … As mortgage brokers, we get that question often! The answer is different for everyone. Building equity by purchasing a home often makes financial sense, but sometimes renting wins. Many of our clients are surprised when we suggest renting. It has received such a bad rap over the years. We’re mortgage brokers, so our business revolves around real estate purchases. However, our clients are our first priority, so when renting is the best option, we tell them. If you’re on the...