๐ก Buying vs. Renting in 2025: Homeownership Still Wins! ๐
Trying to decide between buying or renting this year? Hereโs what the latest Rental Affordability Report says: In most of the U.S., itโs cheaper to own a home than to rent a three-bedroom property!
โ Homeownership takes a smaller portion of income โ In nearly 60% of U.S. counties, the monthly cost of owning is less than renting.
โ Home values continue to rise โ While prices are going up, so are wages! That means more home equity for buyers.
โ Rent is rising faster than home prices โ In cities like Houston, Columbus, and San Antonio, rent increases are outpacing home price growth, making ownership the smarter move.
๐ก Best for Buying: The Midwest & South offer the most affordability, with lower home prices compared to rent.
๐ข Best for Renting: The West Coast is one of the few areas where renting remains the more affordable option.
๐ฐ Build Wealth โ Every mortgage payment builds equity, while rent builds your landlordโs wealth.
๐ More Stability โ Fixed mortgage payments mean no unexpected rent hikes.
๐ Tax Benefits โ Homeowners may qualify for valuable tax deductions.
๐ Long-Term Savings โ Buying a home is an investment in your future.
๐ In most of the country, homeownership is STILL the better deal! If youโve been thinking about buying, now is the time to explore your options.
๐ฌ Curious about how homeownership could work for you? Letโs chat and find the right mortgage solution!
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