Did you know that even after the housing crisis the average net worth of homeowners over time has been higher than that of renters? When you rent, you are paying your landlord's mortgage… is it time to start paying your own? Don't get me wrong… buying isn't for everyone, and there are also good reasons to rent. But with rents on the rise and interest rates still low, buying is looking good to many more renters. Check out The Ultimate Rent vs. Buy Calculator from the New York Times to see if it makes sense for you.
Sharlene Hensrud, RE/MAX Results - Twin Cities Buyer's Agent
The HomesMSP Team - Sharlene, John, Angela – Minneapolis-St. Paul Realtors
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- The Ultimate Rent vs. Buy Calculator
