All signs are pointing to For Sale instead of For Rent signs these days for those looking for homes. According to a recent study done in the real estate market, it’s more cost effective to buy instead of rent right now. Why? In most cases you can get more home for the money if you choose to buy.
9NEWS experts went into the field to compare the buy vs. rent conundrum. And you know what they found? The study was right! You get more for your money when you buy.
Local realtors are quick to point out the trend as well:
All indicators are pointing to it is better to buy now. You get more square footage. You get more bedrooms in most cases, more bathrooms, you can just get more house for less money.
We agree, the good ones are starting to move.
Get further details on the 9NEWS study here.