2019 The Cost of Renting Vs Buying
If you're tired of renting, you are not alone, the vast majority of Americans rightly believe that owning a home makes sense as this video below shows.
While home ownership may not be ideal for everyone, here in the Chapel Hill, Durham, Raleigh area of North Carolina the numbers are awfully compelling if you know you'll be living here for a minimum of three years. The longer you live in the area, the more compelling the numbers are. If you're as into data as the My NC Homes team is, you'll want to check out the link below for Buying Vs Renting. We originally sat down and laid out the numbers in 2012, then Larry updated them in 2017 and honestly in the past two years the thing that's changed the most is rents which continue to go up.
If you're tired of renting but have concerns about whether you can afford to buy, and want to learn more about what to expect in terms of paperwork, expenses: both immediate and future, and what is going on in the local market. Give us a call or fill out the form below. We're committed to giving our clients and customers the information they need to make smart, informed decisions.