Renting vs. Buying in 2025: Making the Right Choice for Your Future
Moving to Winter Springs & Oviedo
Moving to Winter Springs & Oviedo
Have you been wondering whether you should keep renting or finally make the leap into homeownership? It's a big decision, and let's be real — renting can feel like the easier option, especially if buying a home feels out of reach.
But here's the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term consequences of renting, including not building equity and dealing with rising rents.
Buying a home allows you to turn your monthly housing costs into a long-term investment. That's because, as shown in data from the Census and the Department of Housing and Urban Development (HUD), home prices tend to increase over time.
According to the National Association of Realtors (NAR), 79% of buyers believe owning a home is a good financial investment.
Renting may feel more affordable in the short term, especially right now with today's home prices and mortgage rates. But the reality is, over time, rent almost always goes up too. According to Census data, rents have significantly increased over the decades.
When you own a home, your payments are an investment in your future. Renting, on the other hand, means your money is gone for good — it helps your landlord build equity, not you.
Renting works for those not ready (or able) to buy today. But if you are able to make the numbers work, buying a home builds equity and sets you up for long-term financial success.
If you can afford it, take control of your financial future by making homeownership part of your plan. It's an investment you won't regret.
Do you want to see what starter homes are available in our market? Let's connect today to explore your options.
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