In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting versus owning? […]
Renters Paying Substantially More While Owning Costs Less
September 12, 2019 by Karen Jones ·
Filed Under: Blogging, FHA Home Loans, Home Buyers, Home Loans, Just for Real Estate Agents, Karen's Blog, Landlord Tips, Marketing Your Real Estate Business, Messages for Millennials, Millennials Home Buying Blog, Misc. Blogs, Reasons to Buy, Target Marketing · Tagged: Renters Paying Substantially More While Owning Costs Less