Rent vs. Buy | The Paradigm Realty Group

How Homeownership Can Bring You Joy

$\"How$ If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own. […]

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A Key To Building Wealth Is Homeownership

First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy / Ajeenah Crittendon

$\"A$ The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve […]

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The Many Benefits of Homeownership

First Time Home Buyers, For Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"The$ The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a home. If you’re looking to buy a home today, […]

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Are You Wondering if This Is the Year To Buy a Home?

First Time Home Buyers, For Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"Are$ Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly housing costs over time. After all, according to Census […]

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The Difference Between Renting and Owning [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

Some Highlights

If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home.
As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can l…

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Real Estate Voted the Best Investment Eight Years in a Row

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"Real$ In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below): If you’re thinking about purchasing a […]

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Owning Is More Affordable than Renting in the Majority of the Country

Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy / Ajeenah Crittendon

$\"Owning$ If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 […]

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Avoid the Rental Trap in 2022

First Time Home Buyers, For Buyers, Rent vs. Buy / Ajeenah Crittendon

$\"Avoid$ Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988 […]

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4 Things Every Renter Needs To Consider

First Time Home Buyers, For Buyers, Housing Market Updates, Rent vs. Buy / Ajeenah Crittendon

$\"4$ As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a few things you should think about before you settle […]

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Renters Missed Out on $51,500 This Past Year

First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy / Ajeenah Crittendon

$\"Renters$ Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January […]

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