Barb Schlinker The Real Estate Voice

What should potential home buyers consider when thinking of renting vs buying?People need a place to live and it’s a very personal decision. In the past year home values rose over 11% and we have seen those double digit appreciation numbers for about 5 years. So, with the average price of a bout $430K A Very conservative appreciation in just 1 year is over $30,000  = 7% If you plan to stay for 1 year it might make sense to buy, here is how I have made the calculationBank Rate.com Mortgage CalculatorSo if you plan to stay for more than 1 year right now, you would make money?With the rates as low as they are…It’s actually less money to Buy vs. RentPlus I am told there is a lot of competition for rental homes right now.I’m seeing even smaller townhomes in the best school districts rent for nearly $2000 per monthHow do you Determine what the Rent Rates are? You can Visit:  Rentals.com or there are some Rentals in the MLS at:  PPAR.comIn most cases I am seeing Single Family Homes rent for between $2200 - $3300 or