{"id":1362,"date":"2022-03-16T23:07:52","date_gmt":"2022-03-16T23:07:52","guid":{"rendered":"https:\/\/ecstatic-dubinsky.217-160-212-78.plesk.page\/?p=1362"},"modified":"2023-05-20T13:23:58","modified_gmt":"2023-05-20T13:23:58","slug":"are-you-wondering-if-this-is-the-year-to-buy-a-home","status":"publish","type":"post","link":"https:\/\/dimerorealtygroup.com\/es\/are-you-wondering-if-this-is-the-year-to-buy-a-home\/","title":{"rendered":"Are You Wondering if This Is the Year To Buy a Home?"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-entry size-entry wp-post-image\" src=\"https:\/\/files.mykcm.com\/2022\/03\/15132118\/20220316-KCM-Share0.jpg\" sizes=\"(max-width: 750px) 100vw, 750px\" srcset=\"https:\/\/files.mykcm.com\/2022\/03\/15132118\/20220316-KCM-Share0.jpg 750w, https:\/\/files.mykcm.com\/2022\/03\/15132118\/20220316-KCM-Share0-600x328.jpg 600w, https:\/\/files.mykcm.com\/2022\/03\/15132118\/20220316-KCM-Share0-100x55.jpg 100w\" alt=\"Are You Wondering if This Is the Year To Buy a Home? | MyKCM\" width=\"750\" height=\"410\" \/><\/p>\n<div class=\"kcm-post-minimal-content\">\n<p>Every year, many renters ask themselves the same question:\u00a0<em>Should I continue\u00a0<a title=\"renting\" href=\"https:\/\/www.simplifyingthemarket.com\/2022\/02\/25\/the-difference-between-renting-and-owning-infographic\/?a=466898-080e3e27bd6b6eaeaafdd339d1935ef7\">renting<\/a>, or is it time to\u00a0<a title=\"buy a home\" href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/10\/how-to-navigate-a-market-where-multiple-offers-is-the-new-normal\/?a=466898-080e3e27bd6b6eaeaafdd339d1935ef7\">buy a home<\/a>?<\/em>\u00a0If you\u2019re a renter, chances are you\u2019ve asked yourself that question at least once, and it\u2019s likely because you\u2019ve faced an increase in your monthly housing costs over time. After all, according to\u00a0<a title=\"Census\" href=\"https:\/\/www.census.gov\/housing\/hvs\/files\/currenthvspress.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Census<\/em><\/a>\u00a0data, rents have risen consistently for decades.<\/p>\n<p>To make an informed and powerful decision, the first step is understanding what\u2019s happening in today\u2019s housing market so you can determine which option is the better long-term\u00a0<a title=\"financial decision\" href=\"https:\/\/www.simplifyingthemarket.com\/2022\/01\/31\/owning-is-more-affordable-than-renting-in-the-majority-of-the-country\/?a=466898-080e3e27bd6b6eaeaafdd339d1935ef7\">financial decision<\/a>\u00a0for you.<\/p>\n<h4><strong>Rents Are Going Up Again This Year<\/strong><\/h4>\n<p>Rents are skyrocketing right now.\u00a0<a title=\"Data\" href=\"https:\/\/news.move.com\/2022-02-22-Realtor-com-R-January-Rental-Report-Buying-a-Starter-Home-is-More-Affordable-than-Renting-in-Over-Half-of-the-Largest-U-S-Metros\" target=\"_blank\" rel=\"noopener noreferrer\">Data<\/a>\u00a0from\u00a0<em>realtor.com<\/em>\u00a0shows just how much rental prices are surging throughout the country. The graph below highlights rental unit price increases over the past year:<\/p>\n<p><a href=\"https:\/\/files.mykcm.com\/2022\/03\/15114235\/20220316-MEM-Eng-1.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter wp-image-101509\" src=\"https:\/\/files.mykcm.com\/2022\/03\/15114235\/20220316-MEM-Eng-1.png\" alt=\"Are You Wondering if This Is the Year To Buy a Home? | MyKCM\" width=\"600\" height=\"450\" \/><\/a><\/p>\n<p>If you\u2019re a renter and plan on signing a new lease, your monthly costs are likely to go up when you do. Those rising costs can have a big impact on your financial goals, including any\u00a0<a title=\"plans\" href=\"https:\/\/www.simplifyingthemarket.com\/2022\/03\/02\/down-payment-assistance-programs-can-help-you-achieve-homeownership\/?a=466898-080e3e27bd6b6eaeaafdd339d1935ef7\">plans<\/a>\u00a0you\u2019re making to save for a home purchase.<\/p>\n<h4><strong>Homeownership Offers Stable Monthly Costs<\/strong><\/h4>\n<p>Of course, one of the key benefits of owning your home is that you\u2019re able to\u00a0<a title=\"lock in\" href=\"https:\/\/www.simplifyingthemarket.com\/2022\/02\/21\/real-estate-voted-the-best-investment-eight-years-in-a-row\/?a=466898-080e3e27bd6b6eaeaafdd339d1935ef7\">lock in<\/a>\u00a0and stabilize your payments for the duration of your loan.<strong>\u00a0That\u2019s not the case when you rent.<\/strong><\/p>\n<p>While rents are already on the rise, there\u2019s a good chance many people will see their rental costs increase even more this year. As Danielle Hale, Chief Economist at\u00a0<em>realtor.com<\/em>,\u00a0<a title=\"says\" href=\"https:\/\/www.prnewswire.com\/news-releases\/realtorcom-december-rental-report-rental-market-wraps-up-2021-with-price-growth-thats-5-3-times-faster-than-in-2020--301468347.html\" target=\"_blank\" rel=\"noopener noreferrer\">says<\/a>:<\/p>\n<blockquote><p><em>\u201c<strong>With rents already at a high and expected to keep going up, rental affordability will increasingly challenge many Americans in 2022<\/strong>. For those thinking about making the transition from renting to buying their first home, rising rents will remain a motivating factor. . . .\u201d<\/em><\/p><\/blockquote>\n<p>So, if you&#8217;re ready to become a homeowner, waiting any longer may not make financial sense. Instead, escape the cycle of\u00a0<a title=\"rising rents\" href=\"https:\/\/www.simplifyingthemarket.com\/2022\/01\/04\/avoid-the-rental-trap-in-2022\/?a=466898-080e3e27bd6b6eaeaafdd339d1935ef7\">rising rents<\/a>\u00a0and enjoy the\u00a0<a title=\"many benefits\" href=\"https:\/\/www.simplifyingthemarket.com\/2022\/02\/14\/are-you-ready-to-fall-in-love-with-homeownership\/?a=466898-080e3e27bd6b6eaeaafdd339d1935ef7\">many benefits<\/a>\u00a0that come with homeownership today.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>Starting your journey towards homeownership can pay off significantly this year. If you\u2019re financially ready today, let\u2019s connect so we can discuss your options.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Starting your journey towards homeownership can pay off significantly this year. If you\u2019re financially ready today, let\u2019s connect so we can discuss your options.<\/p>","protected":false},"author":1,"featured_media":1363,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[48],"tags":[],"class_list":["post-1362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-buyers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Are You Wondering if This Is the Year To Buy a Home? - DiMero realty group<\/title>\n<meta name=\"description\" content=\"Starting your journey towards homeownership can pay off significantly this year. 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