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Milestone Germantown MD | Renters Paying Substantially More While Owning Costs Less

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Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

 

Milestone Germantown MD | Renters Paying Substantially More While Owning Costs Less

At a local level in Germantown Maryland, buyer confidence remains strong with some changes that varies on the price level and whit type of houses they are looking for.
Particularly in and around Milestone 20876 zip code. The addition of new store and business entities in the area makes Milestone one of the most busiest areas in Germantown.
As you are aware, for most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home.
Today I would like to talk to you about Renters Paying Substantially More While Owning Costs Less

In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased.
“CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.”

 
 
READ MORE: https://www.reallynicehomes.com/fine/real/estate/blog/45308

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Comments(3)

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Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good evening 

Thank you for sharing your information with us Fernando Herboso - Broker for Maxus Realty Group 

Have a great night.

Thursday April 25, 2019. 

Apr 25, 2019 05:19 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

The buy vs rent theme seems to be running thru AR tonite...and in the season at least in Wisconsin when lots of leases expire.

Apr 25, 2019 06:04 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Fernando Herboso - Broker for Maxus Realty Group - you are right about this.  Rents have to get of the ever increasing spiral of higher rents with no equity.

Apr 26, 2019 08:02 AM