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Renting Now Costs More than Buying

January 29, 2013 by bciment Leave a Comment

The graph above depicts Monthly Rent Costs versus Monthly Mortgage Payments over recent years.We see the beginnings of recovery for the housing market. The demand for rentals has exploded so that renting is still more expensive than buying a home.  See “The After Math Of the Housing Bubble” by David Kelly, J.P. Morgan. Fallen home prices in Silver Spring coupled with historically low interest rates and shrinking inventory have produced a buying opportunity.

Filed Under: Blog, Montgomery County Reviews, Your Home Team Reports

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Ciment Shields Team

Barbara Ciment

Associate Broker, Realtor®
(301) 346-9126

Judi Shields

Realtor®
(410) 794-6479
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Barbara Ciment, Associate Broker, Realtor®

301-346-9126 CELL|301-424-0900 OFFICE
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Judi Shields, Realtor®

410-794-6479 CELL|301-424-0900 OFFICE
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