Renting Archive

Cost of Renting a Home Increasing

A number of articles have recently extolled the financial advantages of renting vs. owning a home. Renters are, however, apparently finding that the cost of renting is increasing. Forty-six percent of respondents to the recent REALTORS® Confidence Index reported rental...

Cost of Renting a Home Increasing

A number of articles have recently extolled the financial advantages of renting vs. owning a home.  Renters are, however, apparently finding that the cost of renting is increasing. Forty-six percent of respondents to the recent Realtors® Confidence Index reported rental...

Rents vs. Home Prices

The graph below is the national rent index (blue) as measured by the Consumer Price Index and the home price (red) is the national median price from NAR. Both data, for easy comparison, are set at 100 for the...

Net Worth: Home Owners vs. Renters

In the past 12 years, the net worth of the typical home owner has ranged between 31 and 46 times that of the net worth of the typical renter. Home owner equity is a substantial component of home owner...

Annual Rent Increases Make Home Ownership a Good Investment

• According to the Consumer Price Index, tracked by the Bureau of Labor and Statistics (BLS), prices for the rent of a primary residence have increased at an average rate of a little more than 3 percent per year for...