Buying a home in the Puget Sound area beats renting in less than two years, according to anew study. The “breakeven horizon” – the number of years after which buying is more financially advantageous than renting – is 1.9 years.

Why the short timeframe?

Interest rates are at historic lows. (But experts expect them to rise soon.)

Rents are at record highs.

If you paid the average cost of monthly rent towards a mortgage payment instead, here’s what you could buy:
Based on principal & interest on a 30 year mortgage at 4% interest with 0% down.

Are you ready to invest the money you spend on rent to buy a home?

Get in touch with Oscar and Nancy so we can help you take advantage of the “breakeven horizon” and turn your monthly rent into a mortgage payment!