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Lately and frequently, the topic of homeownership has been popping up in my life.
I don’t know if this is a result of my age or current economic trends, but I figured I might as well organize my thoughts on the subject.
Generally, the renting vs buying debate goes something like this: renting is essentially […]
Economics #7: Rent vs Buy — Wiser Daily
Conclusion
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Filed under: Financial Planning | Tagged: The Apartment Rent vs Home Buy Decision |
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The Decision,
I suspect the decision is leaning a bit more toward renting, at the current time and near future, than ownership.
Isabelle
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Atlanta home prices up 7.5 percent for the year
All markets are local.
For example, in the past year, the median price of a single-family home has moved up at a 7.5 percent pace, according to the number-crunchers at Zillow, a Seattle-based real estate data firm.
The median value of a home sold here was $174,200. That compares to a median of $162,000 a year ago and $147,900 at the start of 2015. Five years ago, around the time the Atlanta market was bottoming out, the median was just $120,100 – and it’s risen a hefty 45 percent since then (Atlanta Journal-Constitution).
Dr. David Marcinko MBA
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