National Association of Realtors

Is Now a Good Time to Rent? | Lake County Ohio

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If you are planning to buy a home in Lake County, Ohio. As a real estate agent, I want to be prepared to ensure that you are given the best buying experience with knowledge and expertise to guide you along the way. 

Now, I would like to talk about  Is Now a Good Time to Rent?

People often ask if now is a good time to buy a home, but nobody ever asks when it’s a good time to rent. Regardless, we want to make certain that everyone understands that today is NOT a good time to rent.

The Census Bureau recently released their 2017 fourth quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:

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As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether or not you should renew your lease, you might be pleasantly surprised at your ability to buy a home of your own instead.

BOTTOM LINE

One way to protect yourself from rising rents is to lock inyour housing expense by buying a home. If you are ready and willing to buy, let’s meet to determine if you are able to today!

The Ficzner Group is a technology-driven local real estate company that serves the Lake, Geauga & Cuyahoga County areas. Our sales team of Zillow Premier Agents use advanced search technologies that make searching the web seamless and marketing your home instant within the Zillow & Trulia Marketplace.   

To connect with us directly, 

Please call Mike at 440-305-6349

Or via email:  REALESTATE@FICZNER.COM

Visit us at www.ficzner.com- Call or text 440-305-6349 for more information