An Expert Gives You Clarity in Today’s Housing Market
The housing market has been going through shifts lately.
![Buying a Home May Make More Sense Than Renting [INFOGRAPHIC],Los Angeles Realtor](https://blog.chime.me/www-marvapace-com/wp-content/uploads/sites/2550/2023/03/Buying-A-Home-May-Make-More-Sense-Than-Renting-KCM-Share-1.png)
Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
Some HighlightsIf you’re trying to decide whether to rent or buy a home, there are a few things you should consider.Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.
Think Twice Before Waiting for 3% Mortgage Rates
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.
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