What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

What's my home worth?

Enter your information and I'll get right back to you with a free home estimate.
Find out!
check

Sent

Shoghig Shirley Andriopoulos

Locate Your Dream Home











Shoghig Shirley Andriopoulos

Park Regency Realty

1 post tagged with Rent-vs.-Buy:

May 02, 2023

by Keeping Current Matters

Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. 

And, data from the latest rental report from Realtor.com shows rents continue to grow today, even though it’s at a slower pace than we saw at the height of the pandemic:

“In March 2023, the U.S. rental market experienced single-digit growth for the eighth month in a row . . . The median asking rent was $1,732, up by $15 from last month and down by $32 from the peak but is still $354 (25.7%) higher than the same time in 2019 (pre-pandemic).”

With rents much higher now than they were in more normal, pre-pandemic . . .

Featured Listings

listed
Welcome Home to Paradise...As you enter through this beautiful home you can immediately feel a sense of peace and serenity throughout. This piece of heaven offers 3 bd & 2 bath, 1,968 sq ft home situated on 1.88 acres...
$799,000
listed
3
beds
2
baths
1,968
Sq Ft
listed
Welcome home to this wonderful corner unit, next to open space parking and easy access to driveway entry. This well maintained 2 story condo is ready to welcome you. It features 3 bedrooms , 1 full bathroom with newly replaced bathtub upstairs...
$644,000
listed
3
beds
2
baths
1,144
Sq Ft

Recent Posts

Get Started!