Kris and Kim's Blog

Great Stuff on Interesting Topics

When Is A Good Time To Rent A Home or Apartment?

When Is A Good Time To Rent A Home or Apartment? People often ask if now is a good time to buy a home. However, nobody ever asks when’s a good time to rent. 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:

When Is A Good Time To Rent A Home or Apartment?

When Is A Good Time To Rent A Home or Apartment?

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.

Bottom Line

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, let’s meet to determine if you are able to today!

Kris and Kim Darney – REALTORS® – Grandparents – 714.657.6634 – CA BRE# 01930954; 01464957; 01458057
Senate Approves Fiscal Cliff and Includes Extension of the Mortgage Debt Tax Relief for Short Sales

Senate Approves Fiscal Cliff and Includes Extension of the Mortgage Debt Tax Relief for Short Sales

Early this New Years morning, the Senate approved the budget to "avoid" the fiscal cliff that would have lead Americans into a financial tizzy. As long as the House votes this in, we're all good. Meaning? If you sell your home for less than what you owe, Short Sale,...

Fannie Mae Streamlines Short Sales Even More!

Fannie Mae Streamlines Short Sales Even More!

Announced today...  Fannie Mae. the government agency that backs millions of home mortgages announced that it is delegating authority to it's mortgage backed servicers and banks to make quick decisions as it pertains to short sales and not having to seek Fannie Mae...

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