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Sally English's Blog

By Sally English | Agent in 30345

30345 renters beware! Rental rates going up in 2012

Rental rates are expected to increase in 2012.  Families forced out of home ownership by foreclosure are competing for available properties with households that never had the opportunity for home ownership.  Landlords have stopped offering concessions and rents are starting to rise.

Sally English Atlanta real estateMany families who choseto rent versus buy are finding the economic argument for buying a home to be more and more compeling.  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?  Not an easy decision and your personal situation holds most of the answers.  Call me at 770-939-3174 and we can discuss how purchasing a home may actually lower your monthly payment for housing.  Did I mention there are some really nice houses available right now.  Happy house hunting! 

 Sally English and The English Team                 Sally English and The English Team. Atlanta real estate agents

Realty Associates of Atlanta; 3350 Northlake Parkway Atlanta, Georgia 30345 |770-939-3174

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