Shelly Powell+FollowWhy Buying Beats Renting (or Not) in 2024Thinking about swapping your rent check for a mortgage? Brace yourself: the average U.S. mortgage payment is now 82% higher than renting a two-bedroom place. In cities like Vegas and Phoenix, that gap is even wider. Only in spots like Chicago and Miami does buying come a bit closer to renting, thanks to pricier rentals. With home prices and mortgage rates both climbing, don’t expect relief soon. For now, renting might just be the smarter wallet move. #HomeBuying #RentVsBuy #MoneyHacks #RealEstate10Share
Heather Moore+FollowWhy Buying a Home Feels Impossible NowEver feel like owning a home is just out of reach? You’re not alone—about 70% of US families can’t afford a typical $400K house anymore. Blame sky-high prices, low supply, and mortgage rates that make monthly payments sting. If you’re saving for a place, try side hustles or high-yield savings to boost your down payment. Renting isn’t a bad move either—it keeps you flexible and can help you save up smarter for the future. #HomeBuying #MoneyHacks #PersonalFinance #RentVsBuy #HousingCrisis #RealEstate80Share
