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: 39
About Kris: ...

Property Search








RSS Feed

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

Search Blog

Recent Blogs

NEW LONDON REAL ESTATE REPORT January 2018 - The New London Real Estate
WATERFORD REAL ESTATE MARKET REPORT January 2018 -  The Waterford Real Estate
EAST LYME REAL ESTATE MARKET REPORT January 2018 - The East Lyme Real Estate Market
Top Reasons To Sell Now - Curb appeal sets the stage for

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
Admin Office: 240 Park Road, Suite 4
West Hartford, CT
860-946-4426