Is It Better To Rent or Buy a Home Today?

February 28, 2025

a graph of orange and blue lines

Some Highlights

  • A study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why.​
  • Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth as home values rise.
  • While renting may be the less expensive option in some markets, it can’t match the long-term benefits of homeownership. What’s your #1 reason for wanting to buy?​

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Should You Buy a Vacation Home?

Should You Buy a Vacation Home?

Should You Buy a Vacation Home? Some Highlights Now that summer’s here, you may be planning your next getaway. But what if you didn’t have to? ​ Buying a vacation home means having a built-in escape you can use year after year. It gives you the chance to generate...

The Wallace Group Logo

Main Phone Number

Arlington Office:

5224 Airline Road, Suite 111,
Arlington, TN 38002

License #263904

 

East Memphis Office:

775 Ridge Lake Blvd., Suite 400,
Memphis, TN 38120

License #258797

 

Southaven Office:

5847 Getwell Rd. Bldg B-1
Southaven, MS 38672

License #20672

 

© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Group Home & Loan | Pathway Mortgage. Some or all of the listings displayed may not belong to the firm whose website is being visited.