Renting Versus Buying

The Cost of Renting Versus Buying a Home

Should you rent or buy? I’m often asked what the cost is of renting versus buying a home. While every market is different, with historic low-interest rates, you may be better off buying a home than renting a home.

Renting versus Buying

Some Highlights of the Cost of Renting Versus Buying a Home:

  • Historically, the choice between renting and buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
  • Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.

Begin Your Own Naples Home Search:

dream homeSo, are you ready to begin your search for your own Naples dream home or condo?  We encourage you to explore my website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate and would be happy to help you navigate more than 150 different golf communities in our area.  If you prefer a more direct approach, we will provide a list of properties that meet your criteria and/or communities that meet your needs.

Also, if you are considering new construction, remember the contractor’s real estate agent represents the builder’s best interest, not yours.  There is no cost for you to have an agent represent you. In fact, we may be able to help you save money and negotiate for extras which the builder may not let you know about.

Lastly, we will handle all contract negotiations for your property from offer to close!

Bottom Line:

If you’re looking for a focused and goal-oriented Realtor in southwest Florida who will help you achieve your Real Estate needs, please reach out to me directly. Additionally, if you are looking for a golf community expert or you are considering buying or selling a home, a luxury home, luxury vacation home, luxury golf home or dream home, call me or text me on my mobile phone at 239-370-0892 or email me at Matt@NaplesGolfGuy.com

About Matthew Klinowski, PA

Naples Golf GuyThe above information about renting versus buying was provided by Naples Golf Guy, Matt Klinowski, an expert in Southwest Florida real estate.  When you are ready to buy or sell a single-family home or condo in Naples, Bonita Springs, Estero, or Fort Myers contact me. With almost 20 years of experience, I can help provide the market information and insights into individual communities to help you find the perfect home.  Most importantly, I will handle all the negotiations to make your real estate transaction as smooth as possible.

Contact Matt:  Matt@NaplesGolfGuy.com

or at 239-370-0892

November 16th, 2019 Posted by Matt