When Is a Good Time to Rent? Not Now! – Luxury Valley Homes

/, Jane and Jeff Daley, Scottsdale real estate Arizona/When Is a Good Time to Rent? Not Now! – Luxury Valley Homes

When Is a Good Time to Rent? Not Now! – Luxury Valley Homes

When is a good time to Rent? Not Now! – People often ask if now is a good time to buy a home, but nobody ever asks whether or not it’s a good time to rent. Regardless, we want to make certain that everyone understands that now is NOT a good time to rent.

The Census Bureau recently released their 2018 first quarter median rent numbers. According to their report, here is a graph showing rent increases from 1988 until today:

As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

Bottom Line

One way to protect yourself from rising rents is to lock in your housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!

Learn more about the Luxury Valley Homes team.

LVH

About 

Jeff and Jane Daley started their careers in real estate after taking early retirement from the corporate world in October of 1999. Their success is achieved by way of their core values.

MILITARY SERVICE: Jeff is a Vietnam combat veteran and served in in the US Army. He served with distinction, and received multiple citations.

By | 2018-06-12T12:02:18+00:00 June 12th, 2018|Buyers, Jane and Jeff Daley, Scottsdale real estate Arizona|0 Comments