Is Now A Good Time To Rent

Is Now A Good Time To Rent

Image title


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:

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, meet with me to determine if you are able to today! Start your Connecticut Home Search now: http://bit.ly/2o9Z79q


Kris Morin Headshot
Author:
Phone: 860-982-0187
Dated: May 23rd 2017
Views: 44
About Kris: ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Chores To Keep Your House In Check - Chores To Keep Your House In
What If I Wait Until Next Year To Buy A Home - What If I Wait Until Next Year to
Why Buying Bigger Isnt Always Better -  When buying a new house,
Overlooked Record Keeping - Homeowners are familiar that they

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty Connecticut
Broker of record located at: 15 North Main St, Suite 100
West Hartford, CT
860-946-4426