Rental rates are expected to increase in 2012. Â Families forced out of home ownership by foreclosure are competing for available properties with households that never had the opportunity for home ownership. Â Landlords have stopped offering concessions and rents are starting to rise.
Many families whoÂ choseto rent versus buy are finding the economic argument for buying a home to be more and more compeling. Â Monthly rents are going up several hundred dollars a month at exactly the same time the affordability of purchasing a home has made monthly mortgage payments go down several hundred dollars a month. Many families find they can purchase a nicer home than they are renting for fewer dollars out of pocket than they are paying to rent.
Should you continue to rent or is now the time to buy? Â Not an easy decision and your personal situation holds most of the answers. Â Call me at 770-939-3174 and we can discuss how purchasing a home may actually lower your monthly payment for housing. Â Did I mention there are some really nice houses available right now. Â Happy house hunting!Â
Â Â Â Â Â Â Â Â Â Â Sally English and The English Team.Â Atlanta real estate agents
Realty Associates of Atlanta; 3350 Northlake Parkway Atlanta, Georgia 30345 |770-939-3174
View more of SALLY'S BLOG:Â Sallys Atlanta Real Estate UpdatesÂ
EMAIL SALLY:Â firstname.lastname@example.orgÂ Â