The Difference Between Renting and Owning
The Difference Between Renting and Owning - Kimmy Ostrom, Realtor
Some Highlights
Wichita residents or future Wichita residents, when trying to decide whether to rent or buy, consider the many financial benefits that come with owning a home
If you’re deciding whether to rent or buy, in the greater Wichita area, consider the many financial benefits that come with owning a home.
As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. Kansas homeowner’s equity, on average, has grown by $30,000 over the last 12 months. Kansas ranks among the highest state in homeowner equity growth, in Midwest.
Homeownership is a key pathway to building wealth and, on average, is a more profitable than any other investment vehicles.
If you’re weighing your options and want to learn more, let’s connect to talk about the perks of homeownership.
Kimmy Ostrom, Realtor
Keller Williams Hometown Partners, LLC
(316) 665-6477