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 …
Tag Archive: rent vs buy
Mar 21
Rents Rising as Rental Availability Shrinks
Because of the challenges in the current economy, many families have either decided to rent or been forced to rent. How has this impacted rental options and the cost of the available options? HousingWire recently quoted Paul Dales, senior economist with Capital Economics: “As a consequence of Americans being less willing and less able to buy …
Feb 08
Where Are Rents Headed?
People are delaying the decision to buy a home because they are not sure where prices are headed. If they buy and prices continue to soften, they feel that they will not have purchased at the optimal moment. They reason that, if they sit and wait, they can’t be hurt. This thinking assumes that a …
Dec 27
Apartment allure fading in King and Snohomish?
The latest numbers for apartment vacancies in complexes with 20 or more units reveals that the vacancy rate is rising and rents are dipping slightly. After trending mostly down for two years, vacancies at larger complexes in King and Snohomish counties jumped significantly this fall, from 4.74 to 5.25 percent, and average rents fell a …
Feb 26
More believe buying still better than renting
Yes, the data is a bit dated. Still, a national housing survey by Fannie Mae shows that in the third quarter 2009, 66% of consumers believed buying a home is a safe investment, compared with 16% who believe stocks are safe. That does not mean confidence in real estate has not been shaken in recent years: …
Jan 13
Seattle… better to rent than buy?
To buy or rent? According to CNN it’s the latter with a strong renters’ market in Seattle. A viewpoint of conservative skepticism about the strength of the real estate market is influencing the decision of many to rent versus buy. Or, the ‘wait-‘n-see’ attitude. In addition, new hires from out-of-state ( yes, there is hiring) prefer to …
