Is Now A Good Time To Rent

Is Now A Good Time To Rent

Is Now a Good Time to Rent? | Simplifying The Market

Is Now a Good Time to Rent?

 

People often ask if now is a good time to buy a home, but nobody ever asks when a good time to rent is. 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:

Is Now a Good Time to Rent? | Simplifying The Market

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!


John Priestash Headshot
Author:
Phone: 972-800-7369
Dated: May 27th 2017
Views: 742
About John: John was born and raised in Pennsylvania and has now lived in Texas for 10 yrs. Upon graduating high...

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Location & Address

JP And Associates REALTORS
6175 Main Street #355 Frisco Texas 75034
Frisco, TX
972-375-9448
4692875503

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