Renters vs. Homeowners: Who’s better off?

by Hilton Head Real Estate Partners January 15, 2015 0 comments
Home Buyer Resources

It’s a question both renters and homeowners alike are constantly asking themselves. Who’s better off? Renters hate seeing their money going into other people’s pockets, yet homeowners often feel the pressure of a mortgage is too much. Looking forward in 2015, what is the most financially responsible option? Below we have shown you a few quotes and diagrams by respected professionals and companies in the field that will help you make your decision – we definitely recommend buying over renting!

“Landlords have ramped up rents by the fastest pace in six years, with national vacancy rates the lowest in two decades.” Ruth Mantell, Economics Reporter at MarketWatch

“Another increase in total rent paid similar to that seen this year isn’t out of the question. In fact, it’s probable.” Stan Humphries, Zillow Chief Economist

More or less affordable

Who is more comfortable

 

Interested in buying in Hilton Head, Bluffton, Okatie or Daufuskie Island? We can certainly help you find the perfect home for your needs – and even offer valuable advice along the way. Use our contact form to get in touch or call 843-301-5825.

 

Quote and images all sourced from keepingcurrentmatters.com

 

by Hilton Head Real Estate Partners January 15, 2015 0 comments
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