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Rent or Buy? Here’s What Freddie Mac Has to Say

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Posts Tagged ‘Freddie Mac’

Rent or Buy? Here’s What Freddie Mac Has to Say

Posted On: Tuesday, November 6th, 2018

RentvsBuyWith rent prices climbing higher over the past years, many renters question whether they should rent or buy. A new survey by Freddy Mac found that 78-percent of renters across all generations still believe that renting is more affordable than owning a home. This is 11 points higher than in February 2018, when the same survey was conducted.

From Stamford to Norwalk to Branford, the rental market is hot and the lack of availability is only one cause of rental rates skyrocketing. Within the past months, Apartments.com listed more than 2,000 units for rent in Fairfield County, with Zillow listing about 530 standalone houses available on a rental basis. How can you get an amazing apartment in Connecticut when the renter’s market is so tight? Our CTBest team strives to provide renters with a convenient, safe and affordable place to live. (more…)