Is buying a Gulf Shores area home cheaper than renting? Since 1973, renting a home has been cheaper than buying according to a Harvard Joint Center for Housing Studies “2012 State of the Nation’s Housing” Report. But since 2008, these statistics have changed drastically. In 2008, buying a Gulf Shores area home fell below renting, compared to 1973.
If you’re trying to decide whether buying a Gulf Shores area home would be cheaper for you than renting, talk to us. Buying a Gulf Shores area home today is now affordable, saves you money, and can help you build equity. Don’t let this opportunity slip by you. If you’re unsure whether you can afford a Gulf Shores area home, contact us right away while prices and mortgage rates are near all-time record lows.
Missing the bottom of any market costs you money in the long run. Find out how you can now own a Gulf Shores area home cheaper than you can rent one. Contact us for a free, no-obligation consultation.