Tag: Renting vs. Buying
Boston apartment vacancy is extremely low at 0.43%, leaving renters with few options to choose from. On another front, interest rates to buy a home are extremely high right now after the Fed raised rates for the fourth time- and are expected to raise them for a fifth time soon. Mortgage rates are currently sitting […]
Greater Boston is one of the real estate markets with the highest property values in the country. Most homes are priced at over half a million dollars. As such, it is nearly impossible for most families to buy a home in Boston using outright cash, without the need for a home loan. When purchasing a […]
We’ve all heard the old saying, “renting is throwing money away.” And on the surface, that makes a lot of sense. Many a long-time renter has longingly gazed at their home- owning friends building equity, and wondered if they were making a mistake. Many well-intentioned friends or relatives have advised us to buy a home […]