Atlanta Real Estate Market: Home Buying Still Cheaper Than Renting Says Trulia

     It’s time to address the elephant in the room. Everyone in the real estate industry has noticed & been affected by the rising mortgage rates. Rates have increased nationally over 1% for a 30-year fixed from just a year ago. This undoubtedly causes home buyers to question affordability & whether renting would be a better option. No fear, says Trulia…which is good news to agents, lenders, buyers & sellers alike.

     In fact, the San Francisco based firm claims that mortgage rates would have to jump to nearly 10.5% on a 30-year-fixed for renting to generally represent a better value, and that nationally, buying a home is 35% cheaper than renting that same property.

     The new tool Trulia.com offer helps potential home buyers factor in the cost of actual rent & home purchase, mortgage rate, applicable tax bracket, & length of term desired, to calculate for themselves a “rent versus buy” report.

     This is a GREAT tool for home sellers as well. After all, knowledge is power, and what better way to arm yourself than to know how much cheaper buying your house would be to potential customers than renting something similar. 

     

Check out the calculator online & see how your real estate property would stack up, and remember, with our flat fee MLS listing service you have the opportunity to list for just $499 instead of the traditional 3% which means a more competitive listing price OR more money for your pocket. With the House Connect discount realty program, YOU get to decide.

                                                                                              

So…are you a Metro-Atlanta home seller looking to avoid paying a pricey commission? Try out our Flat Fee MLS Listing service to sell quickly & save THOUSANDS!  Call us today & LET’S GET MOVING!

House Connect also offers real estate tips online! Be sure to follow us on Facebook, Google+, Twitter, & Pinterest as well as subscribing to this blog. We’re always sharing our market-insider tips on Atlanta real estate trends, DIY home renovation ideas, and home staging tips to keep you ahead of the competition. Not to mention the money you’ll save in listing commission prices!

Please feel free to post comments, send emails, visit our social media pages and the House Connect website, or call us directly at 770-640-6800 for more info. We have dedicated, knowledgeable professionals waiting to assist you with selling your home without the pricey commissions.

**House Connect is an Atlanta Flat Fee MLS Listing agency offering an alternative to the high cost of selling your home. We offer Metro-Atlanta home sellers a discount realty program which saves thousands of dollars versus using a traditional real estate consultant.