5 Reasons It Really Makes "Cents" To Own Your Home
This video says it call about why it makes cents to own your own home! And you might be pleasantly surprised by how great it is to own your home home!
Why It Makes "Cents" To Stop Renting In Charlotte & Buy A Home: Rents Keep Going Up, Up, Up
Charlotte renters are paying more than ever in rent. Charlotte ranks among the top 10 cities in America for rent increases. According to the personal finance website, Smart Asset, Charlotte is #6 in the nation for rent growth compared to income. RentJungle.com reported that "as of February 2019, average rent for an apartment in Charlotte is $1458, which is a 7.89% increase from last year when the average rent was $1343, and a 1.71% increase from last month when the average rent was $1433. One bedroom apartments in Charlotte rented for $1279 a month on average (a 6.57% increase from last year) and two bedroom apartment rents averaged $1609 (a 10.19% increase from last year)."
According to Smart Asset's report, Charlotte rents increased by 27% from 2014 to 2017, while incomes increased only 11% and that rent as a percent of income increased 3.3%. Moreover, there are no signs that rents will decrease in Charlotte anytime soon. In fact, it appears they will continue to increase, eating up a larger and larger portion of renters' after-tax paychecks. It totally makes "cents" to buy a home and lock in your monthly housing costs for years to come.
Infographic credited to SmartAsset
GreatHomesInCharlotte.com Can Help You To Stop Renting And Find Your Dream Home
If you're tired of renting (and there are many good reasons to be), Carolinas Realty Partners' website, www.GreatHomesInCharlotte.com, can help you start searching for your Charlotte region dream home. Our website offers great features that you can customize for your own customized and personalized home search, including:
An easy-to-use design.
- Search by area, zip code, city, county, neighborhood, address, map, price range, by schools, by community features, and so much more -- check out all of the advanced search features at GreatHomesInCharlotte.com.
Ability to receive automatic home listing updates when homes meeting your search criteria come on the market so you never miss a price drop or new listing.
- Ability to save your searches and preferences.
Let's get together to help you take the first step to stop renting and to making your dream of buying a home a reality.
Serious about purchasing a Charlotte area home in 2019?
Check out our Spring 2019 Home Buyer Guide: "Things To Consider When Buying A Home"
This information about why onwing a home makes "cents" is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts. We have been opening doors to homeownership for Charlotte region home buyers for 20+ years. We can open the door to your dream home, too!
I'd love an opportunity to earn your business, to exceed your expectations, and to show you how: