Believe it or not, the longtime rivalry between owning a house and renting are showing signs of handicap of one against the other. If this trend continues, it could tip the scale to hugely favor homeownership. In a recent Insights Blog, CoreLogic reported that rent prices have skyrocketed since 2005. Meanwhile, the typical mortgage payment has actually decreased. “CoreLogic’s national rent index was up 36% in December 2018 compared with December 2005, while the typical mortgage payment was down 4% over that period.” Why the difference between the costs of renting versus owning? It makes sense that rents have risen….
OPEN HOUSE 🏡👀 If case you missed last week’s Open House we are having another one this coming Sunday, May 18th at 2pm-4pm. Just head over to 9 Stormytown Road Ossining, NY 10562 and see this majestic home with your own eyes. 💥 Features: ✅ 4 Beds ✅ 3 Baths ✅ fireplace ✅ walk-in closet ✅ deck ✅ finished walkout ✅ powder room ✅ patio ✅ golden hardwood floors ➡️ Direct link: http://bit.ly/2Hu9h0B Hosted by: Ebeline Felton 914-885-3206 firstname.lastname@example.org For inquiries: 914.920.2299 www.NYREEX.com