Is Now a Good Time to Rent?
People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their 2017 first quarter median rent numbers. 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, meet with a local real estate professional who can help determine if you are able to today!
Let’s chat and explore your options! Call/Text at (626) 607-8652 or email me at Ady@AdySimion.com
Click here…to check your home value in seconds!
Click here…to search great deals, foreclosures and short sales in your area.
Click here… for Home Buyer Secrets video and PDF download and a bonus free list of distressed properties in your area.