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Rent vs Buy: How to Decide What's Right For You
Owning a home is an admirable pursuit, but that doesn’t mean it’s the right move for everyone. In fact, a home is the most expensive thing most people will ever purchase. In 2018, housing prices increased to a median of $250,000, according to the National Association of Realtors 2018 Profile of Home Buyers and Sellers. Despite the increase in price, 75% of nonhomeowners said that homeownership is part of their American dream. Before deciding whether owning a home is the right move for you, it’s important to consider all the facts.