Over the course of last year, many people debated purchasing a home, but ultimately did not. Let’s look at whether the decision to wait to buy made sense financially. What happened in 2014? The 30 year fixed rate on January 2, 2014 was 4.53% as reported by Freddie Mac. Looking at the chart below, the monthly mortgage …
Tag Archive: rent vs buy
Feb 04
5 Reasons You Should Buy Your Home NOW!
Many potential buyers are waiting until they can be 100% sure the real estate market has fully recovered before making the move to purchase a home. Here are five reasons why waiting to buy their home might not make sense any longer… 1) Prices Are on the Rise The latest Case Shiller Home Price Index revealed that home prices …
Nov 24
Consumers Expect Higher Home and Rent Prices
Americans continue to show growing confidence in home price increases over the next 12 months, providing further indications of a slow but steady housing recovery, according to results from Fannie Mae’s October 2012 National Housing Survey. Taken together with rental price expectations, which surged in October, more consumers may be motivated to purchase a home …
Nov 13
Rents… where are they headed?
When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. So, where are rental prices heading over the next few years? Rental prices usually increase by about 3 percent annually. Trulia just released their Trulia Rent Monitor where they revealed that rental prices …
Mar 24
Ain’t No Lie, It’s Cheaper to Buy
Compliments of Trulia.com: Since the housing bubble burst, it seems like everyone and their mother can’t stop talking about what a great time it is right now to buy a home, but how good is it really? After years of seeing home prices drop like flies and rental markets tightening up better than pair of Spanx, it’s safe …




