Still Renting?
January 26, 2012 – 11:41 amYou Can't Afford NOT to Buy a Home! Over the last ten years, the cost of rental housing in the U.S. has increased an average of 3% per year. That means that an apartment or home renting for $750 per month will cost more than $978 a month in ten years. According to economists, rental rates are projected to grow 6.1% on average in 2012, and then grow higher and higher in the following years! If rent continues to increase at 6.1% per year, a home renting for $750 per month will cost more than $1,277 per month in ten years. If you rented the same home or apartment for ten years, the total amount you would pay for rent is almost $120,000!* [caption id="attachment_297" align="aligncenter" width="480" caption="Projected rent based on 6.1% annual increase"][/caption] When you're ready, we're here to help.