26 Jun 2015 Is It Better to Rent or Buy Your Home?

Posted at 11:01h in The Friday Brief by

Chances are, if you live in the Triangle area, you or someone you know has recently bought or sold or is shopping for a home and experienced how fast the market is moving here. People are moving to the area in droves, interest rates are expected to rise, and all of this (and more) is creating a recovery that’s strong enough to be in the top ten nationally.

In light of that, we wanted to follow-up on one of our most popular briefs to date, Should Young Couples Buy or Rent Their First Home?, and call your attention to this powerful tool that was recently published on the New York Times personal finance website.

 Rent vs. Buy
The tool captures a number of important variables to consider when making the decision to buy or rent a home, and provides valuable analysis in return.

If you’ve got any questions about using the tool or how it might relate to your specific financial situation, please don’t hesitate to give us a call!

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Jared Korver
[email protected]

A product of small-town North Carolina (Carthage, to be exact), I’m proudly married to my best friend and co-adventurer, Amy. Together, we have two sons–Miles and Charlie–and could more or less start a library from our home. I love being outside, can’t read enough, am in the habit of writing haikus, and find food and coffee to be among life’s greatest treasures.