FAQ: To buy or not to buy?

It’s no secret that the majority of the younger generations are renting for longer than their elder counterparts. With an abundance of student loan debt and soaring home prices, it’s no wonder why most people are turning to renting. However, as rent prices steadily increase, is it better to bite the bullet and invest in…

The Rent Trap

  If you are currently renting, you could get caught in the continuous cycle of increased rents, without realizing the long-term impact on your future ability to save for a down payment. Purchasing a for-sale home still remains highly affordable for buyers who are able to save for a down payment and capitalize on low mortgage…

Renting vs Buying

If you are a potential buyer searching for the perfect place to live, your gut reaction is probably that it is cheaper to rent a home than it is to buy one. However, according to Trulia’s chief economist Jed Kolko, that is not the case. On average in the United States, it is 38 percent…