Renting v. Buying

“TRENDS”

In 2011 apartment rents nationwide rose 4.1%. Only 6.5% of units were vacant in 2011 vs. 6.9% in 2010.

O.C. apartment rents increased 5.8% in the fourth quarter, the fourth-biggest gain among 26 California metro areas

With Rent on the Rise it is now so much cheaper to buy a home in Southern California v. Renting.

We have been working with lots of First Time Home Buyers Recently. Don’t Forget that you can always be gifted the money for a down payment. If you want me to run numbers for you on renting v. buying please feel free to ask. And lets not forget that with being a homeowner you also get to use it as a tax write off !!!