Yes....many times I agree. It is often possible to afford a mortgage payment for what most people pay in rent. However, not everyone's circumstances are the same. Some people might have to rent because of poor credit, not enough cash for a down payment, or an unwillingness to take care of typical house related maintenance like repairs, snow removal, lawn care, etc. In short, the rental market is RED HOT in the Capital Region now and landlords expect (and get) a premium dollar for their units. Feel free to give me a call at (518) 506-4589 if you would like to discuss further.
NOW is a great time to BUY! Contact your local REALTOR today:
Victor E. Franco Jr, CBR
NYS Licensed Real Estate Salesperson
Weichert, Realtors Northeast Group
318 Delaware Avenue, Delmar, NY 12054