Rent vs. Buy: Seven Factors to Consider Before Buying a Home

June 25, 2014

Owning your own home has long been considered part of the American dream but as the housing market starts to heat up in certain areas of the country, home ownership may not be the most economical solution to housing.  A recent article in The New York Times draws attention to several factors that must be considered when evaluating the financial benefits of home ownership and provides a link to a Rent v. Buy Calculator* that potential homeowners can use to quantify the tradeoff. Here are some guidelines you can use when considering each factor: Continue reading “Rent vs. Buy: Seven Factors to Consider Before Buying a Home”

Should I Rent or Buy?

April 14, 2011

For those of you who follow my recent posts, you are probably aware that my wife and I are re-locating to another state; in fact as I write this the movers are boxing up our possessions and will be loading up the moving van tomorrow.  Well I have to tell you, there is finality when you see your worldly goods packed in boxes by strangers!  What isn’t final (yet) is where my wife and I are going to call our new home. Continue reading “Should I Rent or Buy?”