Tag Archives: rent vs buy

STOP Renting!

12 Monday Jan 2026

Posted by in Uncategorized

≈ Leave a comment

Tags

, , , , , , , , , , , , , , , , , , , ,

stop

Have you always wanted to own your own home?

You might be surprised to find out that buying a home could be far more affordable than the rent you’re currently paying. Wouldn’t you like more privacy? Wouldn’t you like the security of home ownership? Wouldn’t you rather get the tax deduction your landlord currently receives? Wouldn’t you like to know the money you pay each month goes into building value in an asset you own?

Perhaps the time has come to buy. Much has changed with mortgage rates and requirements, and now could be a great time to find out you no longer have to rent your home. We would love to help you bid farewell to your landlord for good!

Call us today f you’re curious. We are more than happy to get you on the path to home ownership.  Kevin and Jennifer Hanley, REALTORS Keller Williams Realty Atlantic Partners Southside 904-515-2479 www.HanleyHomeTeam.com

Buying a Starter Home Is Cheaper Than Renting in Nearly Half the Metro Areas in the Us

22 Friday Oct 2021

Posted by in Uncategorized

≈ Leave a comment

Tags

, , , , , , , , , , ,

Renting is often looked at as a more affordable alternative to homeownership, but in many areas of the US, that’s actually not the case.

According to recent data from realtor.com, rents are rising fast and hitting new highs in metro areas across the country. In July, the median rental price in the US was $1607—a 9.8 percent increase from July 2020. 

And not only are rental prices increasing, but they’re increasing to the point that, in many areas, renting is now more expensive than owning. With a median rental price of $1607, rent is now 15.5 percent more expensive than mortgage payments for a starter home in 24 of the 50 largest metro areas. 

The Takeaway:

So, what does this mean for you? If you’ve been putting off buying your first home because you’ve thought renting is cheaper, it may be time to reexamine that logic. Depending on where you live, there’s a good chance that buying a home may actually be more affordable than your current rental.

Get in touch today and start saving money by buying a home! Kevin and Jennifer Hanley, REALTORS The Hanley Home Team at Keller Williams Realty Atlantic Partners Southside 904-515-2479 HanleyHomeTeam.com