What are the
advantages
of buying and
renting a home?

There are plenty of factors to consider when making the decision to rent or buy your next home. The
real estate market is always evolving, and what may have been the best decision for your financial
situation in the past might not still apply to you now. As you consider renting or buying a home, know
that varying rules, regulations, locations and markets can all play a part in how much you end up
paying.

Separating some common myths from reality is a good way to start. For example, just because you hear
that it’s a “buyer’s market” doesn’t mean you should necessarily buy now. Sometimes, renting is the
most sensible financial option. It all depends on your priorities and financial situation. So let’s take a
deeper look at the pros and cons of both renting and buying a home: