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Where Are Rents Headed in 2015?

December 23, 2014 by Eric Lowry Leave a Comment

Renting vs Owning

where are rents headedWhere are rents headed in 2016? 

The chief economist for Zillow has predicted that residential rental prices will continue to rise in 2016. Rents will continue to grow about 3.5% through the new year. 

We currently have a more stable housing market. That, together with lower interest fixed rate mortgages, may cause many renters to look into purchasing a new home.

Renters should consider building a new home. Home builders are meeting the needs of home buyers in every price point. Whether you are looking to buy a luxury home or your very first home, there are great neighborhoods that have new construction starter homes for sale.   

Can you really afford to keep renting? Contact The Lowry Team for a FREE Buyer Consultation. 513-874-1830

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The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team.  The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

Other articles you may be interested in:

New Home Features for 2015

Do I Need A Larger Down Payment To Buy A Home

Bridle Creek Subdivision in Monroe Ohio

Monroe Crossing Subdivision and Homes For Sale

Search The Cincy MLS For New Homes For Sale

Find The Current Market Value of Your Home

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Filed Under: Buyers, Eric Lowry's Articles, First-time Homebuyer, New Construction, Rent vs Buy Tagged With: 1st time home buyer new construction homes, Building A New Home, Buying A Home, fixed rate mortgage rates, Hamilton Township homes for sale, Housing Market, Keller Williams Realty, Lebanon Ohio Homes For Sale, Lebanon Ohio new construction homes for sale, Lebanon Ohio real estate, New construction starter homes for sale in Fairfield, new construction starter homes for sale in Fairfield Twp, rent vs own, starter homes, Starter homes for sale in Fairfield Ohio, Starter homes for sale in Fairfield Twp, starter homes for sale in Lebanon Ohio, The Lowry Team, Where Are Rents Headed in 2015?

The Lowry Team Keller Williams :: The Cost Of Renting

October 28, 2014 by Eric Lowry Leave a Comment

The Lowry Team Keller Williams :: The Cost Of Renting

 

Is the thought of paying a mortgage keeping you from owning a home? If so, keep in mind that if you are renting you are paying a mortgage.  It just happens to be your landlord’s, not yours. This means you are building up your landlord’s equity each and every time you pay rent.

A fixed rate mortgage offers you the piece of mind that your mortgage payment will not keep going up.  However, as you can see on the graph from the Census Bureau, the median asking rent is steadily rising. 

Increasing Cost of Renting

Can You Really Afford to Keep Renting?

The Lowry Team has first time home buyer specialists that can help you through the entire home buying process. From pre-approval to closing, the experts on The Lowry Team can answer all of your questions and concerns and guide you to the benefits of home ownership.

The Lowry Team is an award winning, full service real estate firm specializing in  West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team’s culture is that of a fun, high energy group who prides themselves on providing, personal, professional real estate service.

The Lowry Team is “Different by Design”…taking a team approach to home buying  and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team.  The Lowry Team.

Buyers and Sellers can reach The Lowry Team, Keller Williams at 513-874-1830.

Ready to start searching for your first home?  Start your home search here: www.LowryTeam.com

Here are some quick searches to get you started:

West Chester Ohio Homes For Sale Under $200,000

Liberty Township Ohio Homes For Sale Under $200,000

Mason Ohio Homes For Sale Under $200,000

Monroe Ohio Homes For Sale Under $200,000

Fairfield Township Ohio Homes For Sale Under $200,000

Fairfield Ohio Homes For Sale Under $200,000

Other articles that may interest you:

West Chester and Liberty Township Ohio Real Estate Market Report

The Value Of Being Pre-Approved

No Regrets For 1st Time Home Buyers

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Filed Under: Buyers, Eric Lowry's Articles, First-time Homebuyer, Rent vs Buy Tagged With: building equity, Buying A Home, cost of renting, First Time Home Buyer Neighborhoods, first time home buyer specialists, First Time Home Buyers, fixed rate mortgage, Homes For Sale, Housing Market, Keller Williams Realty, LowryTeam.com, median asking rent, Mortgages, paying a mortgage, rent vs own, The Lowry Team, The Lowry Team Keller Williams :: The Cost Of Renting

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