Posts from October 2022

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October
1

Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home

October 1st, 2022 by Leigh Hulcher

Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you're a first-time homebuyer. But in today's whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership.

A real estate boom during the pandemic pushed home prices to an all-time high.¹ Add higher mortgage rates to the mix, and some would-be buyers are wondering if they should wait to see if prices or rates come down.

But is renting a better alternative? Rents have also soared along with inflation – and are likely to continue climbing due to a persistent housing shortage.

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Categories: Buyers

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Posts from October 2022

Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home

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