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Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own.
You’ve probably asked yourself lately: Is it even worth trying to buy a home right now?
A study shows 70% of prospective buyers fear the long-term consequences of renting. And here’s why.
It feels like everything is getting more expensive these days.
If you’re torn between renting or buying, don’t forget to factor in the wealth-building power of homeownership.
Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
Figuring out what to do with your house when you’re ready to move can be a big decision.
![Real Estate Is Still the Best Long-Term Investment [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240612/Real-Estate-Is-Still-the-Best-Long-Term-Investment-KCM-Share-original.png)
According to a recent poll from Gallup, real estate has been voted the best long-term investment for twelve straight years.
![Should I Rent or Buy a Home? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240513/Should-I-Rent-or-Buy-a-Home-KCM-Share.png)
While renting may be less expensive in some areas right now, there are two big benefits homeownership provides that renting can’t.
Thinking about buying a home?