The Carvajal Group Blog

What are the advantages of busying versus renting?

May 25th, 2010

As the real estate market slowly recovers from the recession, the question facing many people is whether to buy or rent. Both options have numerous advantages and disadvantages in the current economy.

For people who only plan to stay in a place for a few years, they may want to rent a home or apartment. Renting gives people the flexibility to move around when they please.

For people who believe they will be in one place for a long time, they may want to purchase a home. Owning a home may be more affordable in the current economy because of the depressed home prices and lower interest rates.

If you or anyone you know has questions about Austin real estate, contact the Austin real estate agents of the Carvajal Group at 512-419-7770.

Tags: Austin Real Estate · Austin Real Estate Agent