The Advantages of Buying vs Renting
There are a number of reasons that buying a home provides more advantages than renting. From gaining equity and wealth, to simply being in control of your living situation, buying a home can set your family up for success. Rising Rent Prices Did you know that here in Colorado Springs, the average rent has been increasing every year? According to one study, “Colorado Springs rents have increased by 3.3% year-over-year, well over the state average of 1.6%, as well as the national average of 1.4%.” (See source) This means that every time your lease renews, your rent is likely to increase and you are going toRead More →