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Category: Rent vs. Buy

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Why Homeownership Wins in the Long Run

Written by Naples Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Naples Florida Mortgage, Naples Mortgage, Pricing, Rent vs. Buy.

Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision.Consider this: if you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding someone who regrets their decision. Why is that? The reason is tied to how home values grow with time and how, by extension, that grows your...

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Homeownership Helps Protect You from Inflation [INFOGRAPHIC]

Written by Naples Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Infographics, Naples Florida Mortgage, Naples Mortgage, Rent vs. Buy.

Some HighlightsWondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady.Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their properties within the next 12 months.Especially when inflation is up, having a stable housing payment can be helpful. Connect with a local real estate agent so you can learn more and start your journey to owning a home today.

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Owning a Home Helps Protect Against Inflation

Written by Naples Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Naples Florida Mortgage, Naples Mortgage, Rent vs. Buy.

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense to buy a home today. The short answer is – it does. Here’s why. Homeownership actually shields you from the rising costs inflation brings.Freddie Mac explains how: “Not only will buying today help you begin to build equity, a fixed-rate mortgage can stabilize your...

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Why Buying a Home Makes More Sense Than Renting Today

Written by Naples Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Naples Florida Mortgage, Naples Mortgage, Rent vs. Buy.

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to grow today, even though it’s at a slower pace than we saw at the height of the pandemic:“In March 2023, the U.S. rental market experienced single-digit growth for the eighth month in a row . . . The median asking...

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