Buying a Home May Make More Financial Sense Than Renting One
Posted by Bill Butler on Thursday, August 4, 2022 at 8:40 PM
By Bill Butler / August 4, 2022
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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.”
Find out why buying may make more sense than renting, here!
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