Ask Phyllis

April 6, 2008

Buy or Rent?

Should you buy or rent?  This is a very personal decision and one that can only be answered by you and you alone.  As a Realtor, I make a living helping people buy and sell real estate.  However, I have also counseled many prospective buyers and advised them against purchasing property.  The fact is that buying real estate is a major decision that should not be taken lightly.  There is no dispute that now is a great time to buy, whether you are buying a single family home, townhome or condominium.  Interest rates are low, home prices have become more affordable, and we have a healthy supply of inventory.  Look for my indepth analysis on buying verses renting this Saturday, April 12th in the Homes Section of The Florida Times Union.

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