Here is a simple chart that explains why we think buying a home makes more sense than renting one. This chart represents national monthly rental rates; currently, the average rental rate near downtown Seattle is $1500/month for a one bedroom apartment.
A mortgage payment on a $250,000 home or condominium would be about the same as renting. If you are considering a home purchase, give us a call, text or email.
-Steve and Sandra
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