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Thursday, March 28, 2013

46% Cheaper To Buy Than To Rent In Phoenix Scottsdale

Buying your home in Phoenix Scottsdale is 46% cheaper to buy than to rent. Even despite the rise in home values in the last year and a half.*

And keep in mind that rental rates are also on their way up!

And not only it is cheaper to buy, but are you taking into account the rise in home values in the next 5 years? How you could build equity and be worth more in the next few years than if you are renting and end up with nothing?

I estimate the market values to increase about 25% this year, and at least 20% in 2014. And the interest rates on mortgage loan rates are simply outstanding.

Keep in mind that for every 1% increase of mortgage rates, that like adding $10,000 more on a $250,000 house.

So waiting is the killer because of the double-whammy of the rise in home values and the inevitable rise in interest rates.

*Read more here: Study: Buying a Home Is Cheaper Than Renting

So, now you want to buy. What to do?

First call or email me to get the process started. It's that simple!

We take care of the entire process step by step, end to end.

Richard Bazinet - Realty ONE Group - Phoenix Scottsdale Real Estate
rbazinet@ymail.com - 602-300-7007

46% Cheaper To Buy Than To Rent In Phoenix Scottsdale