Posts Tagged ‘renting vs. buying’

The Cost of Renting vs. Buying This Spring

Wednesday, May 8th, 2019

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious. Every market is different. Before you renew your lease again, find […]

The Cost of Renting vs. Buying

Thursday, August 2nd, 2018

Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious. Every market is different. Before you renew your lease again, find […]

Is Now a Good Time to Rent?

Thursday, April 19th, 2018

People often ask if now is a good time to buy a home, but nobody ever asks when it’s a good time to rent. 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 fourth quarter median rent numbers. Here is a graph […]

80% of Renters Believe Homeownership is a Part of Their American Dream

Wednesday, March 14th, 2018

According to the latest Aspiring Home Buyers Profile by the National Association of Realtors (NAR), 82% of surveyed renters desire to own a home in the future, with 80% believing homeownership is a big part of achieving their American Dream. The profile went on to state that 50% of millennials believe that their rent will […]

Don’t Get Caught in the Rental Trap in 2019

Wednesday, January 3rd, 2018

Every year around this time, we take time to reflect and plan for next year. If you are renting your current home but have dreams of homeownership, your plan for the new year may include buying, and you wouldn’t be alone! According to the 2018 Bank of America Homebuyer Insights Report, 74% of renters plan […]

Is Now a Good Time to Rent?

Thursday, June 1st, 2017

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 […]

Rent Vs. Buying: What does it really cost you?

Tuesday, May 24th, 2016

Here in Denver Colorado, rents have increased 10% year over year according to the Yardi Matrix, and we are not going to see any relief any time soon.  But the good news is that you may need less than you think for a down payment on a home.  But first, take a look at what […]



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