Is It Time To Stop Renting In Charlotte And Buy A Home?
Are you tired of renting? Is 2019 finally the year to stop renting, to buy your Charlotte area home and stop paying your landlord's mortgage instead of your own?
Is it time to consider how much less expensive it might be to buy versus renting when you see how much of your income goes to rent versus how much goes to paying a mortgage? Will your income go up as quickly as rents might increase? Will it be more or less expensive to buy next year?
Time To Stop Renting In Charlotte And To Buy A Home?
Is it time to buy your Charlotte metro area home and stop renting and paying your landlord's mortgage instead of your own?
Is it time to consider how much less expensive it could be to buy versus renting when you see how much of your income goes to rent versus how much goes to paying a mortgage?
The answer was YES in January, February, March, April, May, June... and the answer in Charlotte was still YES in July!
Is it time to buy your Charlotte metro area home and stop renting and paying your landlord's mortgage instead of your own? Is it time to consider how much less expensive it could be to buy versus renting when you see how much of your income goes to rent versus how much goes to paying a mortgage? The answer was YES in January, February, March, April, and May... and the answer was still YES in June!
The Cost of Renting Versus Buying A Home
Additional Benefits Of Owning A Home Vs. Renting And then there are the other benefits (36 comments)
Have you wondered if it's time to buy your Charlotte metro area home and to stop renting and paying your landlord's mortgage instead of your own? And have you given any thought to how much less expensive it could be to buy versus renting when you consider how much of your income goes to rent versus how much to paying a mortgage? Take a look at the graph below, which shows that, on average, renting "eats up" twice as much of your income as owning does.
Also noteworthy is ATTOM Data Solutions’ 2017 Rental Affordability Report, which showed that “making monthly house payments on (20 comments)