Skip To Content

Is Now a Good Time to Rent?

Is Now a Good Time to Rent? | MyKCM

People often ask if now is a good time to buy a home, but nobody ever asks when it’s a good time to rent. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau recently released their 2017 fourth quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

Is Now a Good Time to Rent? | MyKCM

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line

One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!

Trackback from your site.

Leave a Reply

*
*

Reviews on Zillow
2780733
"Jeff navigated through an extremely challenging situation that involved working with multiple different conflicting parties to get to an agreement and ... more "
5.0/5.0
by sbflowers2012
2757500
"I am pleased to write here about very energetic, motivated, client oriented, professional and experienced real estate person who helped us in getting ... more "
5.0/5.0
by jalpeshc