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?
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!
Housing and Urban Development Gives more Time to Unemployed to Catch Up on Mortgage
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Los Angeles; Program May Help You Keep Your Home
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Homeowners Spending Money On Backyards…If You Can't Sell, Enjoy Your Space!
EHLP…Billion Dollar Emergency Help For Struggling Homeowners…Will It Help Many Avoid Foreclosure?
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Who would have thought that we as a Nation would be going through such financial turmoil just a few short years ago... We were at a family BBQ yesterday, and as we followed our GPS to our destination we were saddened but not surprised of all the homes that were...
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Great information from CNBC, enjoy! Any time I see a 74 percent jump in anything, I hear alarm bells, so when the Treasury Department reported just that big a jump in its Home Affordable Foreclosure Alternatives (HAFA) program, I figured there had to be something...
CNBC Video…Falling Home Prices…Double Dip Decline
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U.S. single-family home prices dropped in March, dipping below their 2009 low, as the housing market remained bogged down by inventory and weak demand, a closely watched survey said Tuesday. AP The S&P/Case Shiller composite index of 20 metropolitan areas declined...
Memorial Day…
May 26, 1983 Memorial Day is a time to take stock of the present, reflect on the past, and renew our commitment to the future of America. Today, as in the past, there are problems that must be solved and challenges that must be met. We can tackle them with our...
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By: Marketwire . May. 18, 2011 01:00 PM Trulia and RealtyTrac Survey Reveals 54 Percent of American Adults Now Believe Housing Recovery Remains Unlikely Until 2014 or Later In Wake of Congressional Efforts to Repeal Obama Administration's Making Home Affordable...
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This has nothing to do with Short Sales...A friend passed it along to me in an email and I was moved so much by it that I wanted to share it. There was a blind girl who hated herself because she was blind. She hated everyone, except her loving boyfriend. He was...
Bank of America Answering the Call of It's Critics…Increased Help for Distressed Homeowners
BREAKING NEWS... New York Times reports a tripling of assistance to the most hardest hit areas of the country...California leads the way with 7 new centers to assist homeowners in trouble...facing foreclosure or seeking an alternative to foreclosure. Here's the...
Shadow Inventory Will Prevent Housing Recovery for Another 3 to 4 years…More Short Sales
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Homeownership…American Dream…Tides ARE Changing…Short Sales & Foreclosures = Happy Renters
I'm compelled to write a blog about the life of a "Renter" from my personal experience...especially after the conversations I've had over the past several months with homeowners that are mentally challenged about moving from homeownership to being a renter. After...
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