Buying a Home Vs. Renting a Home

Greater Phoenix Area Real Estate Podcast

Should you buy a home or rent a home right now? Which option is better for you? There are a few things you should know before you decide.

There are a variety of opportunities in the Phoenix Real Estate Market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Is it better to buy or rent a home right now? There are a couple of important factors for you to consider when making this decision.

For example, the current rental market is at an all-time high. Rents are sky-high right now, which means that sometimes it’s cheaper to buy a home than to rent one.

Rental rates are sky-high right now.

The two benefits of buying a home now are interest rates and lending programs. Interest rates are at an all-time low in our area, and there are some great lending programs available. These lending programs include 0% down loans, 3% down loans, and 3.5% down loans.

There are also grants available to cover your down payment. There are even programs that pay for your down payment and closing costs!

If you want to get into a home for as little as $500 down, we can help you. Give us a call or send us an email and we can help you make an educated decision.