Data shows rents usually rise. And so do home prices.
So, you could renew your lease, but chances are you’ll pay more in rent than you do now.
But if you buy, any future home price increases work in your favor. That’s because when you own your home, you gain equity (and grow your net worth) as your home’s value goes up over time.
If you can make the numbers work today, buying may make more sense in the long run. Are you interested in finding out what a starter home costs in our market? DM me.
