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Renting Just Got Way More Expensive – Tom’s Take 298

Zillow came out with a statistic that said the average person would have to work 62.6 hours a week in order to pay rent!

We’ve seen average rental prices increase rapidly since the beginning of 2020.

The important things to consider is when you are paying rent, you are paying somebody else’s mortgage, their taxes, their insurance, etc.

Rates just dropped, making buying a home more affordable, especially as rent prices increase.

Everyone is telling you to wait to buy. Tune into episode 298 of Tom’s Take for several advantageous reasons NOT to wait and to think about making a move now.

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Our agents write often to give you the latest insights on owning a home or property in the local area.