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Should I rent or should I buy? | 06/09/2017

Rent or Buy?

What’s the best choice for you?

Wondering why Landlords continue to raise rental rates? Because they can! Rentals are at capacity in the Metro Area for apartments & single family homes. Demand is high & supply is low so rates are going up. Rental rates rose an average of 5% last year and have increased as much as 3% in some parts of the city this year. Interestingly, per a recent article in Atlanta Agent Magazine rental rates are rising faster in the suburbs than in the city:

https://atlantaagentmagazine.com/2017/05/23/suburban-atlanta-rents-rising-faster-city-rents-study-shows/

 

Whether potential buyers are considering their first home purchase, downsizing, buying after a divorce, etc. they are in a quandary whether to rent or buy. Beyond the personal/emotional motives to owning a home, there are many financial benefits to homeownership too. However, renting may be better for some. Here’s a cool tool to help you decide what’s best for you:

http://www.realtor.com/mortgage/tools/rent-or-buy-calculator/

 

Of course, I’m always happy to help you (&/or someone you know) determine the best choice for you as well as share more details about the advantages of home ownership. Just contact me today to get started! Can’t wait? Follow this link to my website for more info about the home buying process. The site includes a link to search the Multiple Listing Services & other fun stuff too:

http://www.debbybraun.com/atlanta_home_buyers.asp

All the best,

Debby


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