Increased Rents Are Making Potential Home Buyers Think Twice

By
Real Estate Agent with The Burnham Realty Group NAR #SL3299848

According to the research, the increased rents are making consumers think twice about the benefits of homeownership. After a recent survey conducted, 84% of those polled believe that owning a home makes more sense than renting. Usually when talking about homeownership the financial elements skip ahead to the front of the conversation. However after a recent study the tune has changed to include different priorities:

The Top 4 Reasons In Order Are:

  1. You have a stable home to raise children and provide education
  2. You and your family feel safe 
  3. You have more space for your family
  4. It provides you the freedom to make decisions on how you will renovate and/or update your home 

Comments (2)

Tanja Cisliek
Future Home Realty - Seminole, FL

Beverly, you are right, owning has so many benefits, many of them intangible like the sense of security and pride in ownership. There are some great properties for sale in the Tampa Bay Area, we are very blessed to be living and working here!!

Apr 03, 2012 11:32 PM
Beverly Couch-Burnham, Realtor®,
The Burnham Realty Group - Tampa, FL
Your Tampa Bay Home Connection®

Thanks so much for your insight and taking the time to stop by. I'm a Tampa native and I agree we are quite lucky to live in such a beautiful city with so much to offer!

Sincerely,

 

Beverly

Apr 04, 2012 01:50 AM