05/07/2025
Rent vs. Buying: What if you bought 3 years ago?
If you’ve been renting a 3-bed, 2-bath home for $2,200/month and waiting for “the right time” to buy… here’s what you missed..
📅 3 Years Ago (2022):
✅ Home Price: $240,000
✅ Interest Rate: 6.5%
✅ Monthly PITI: ~$1,950
✅ Fast forward to 2025: That same home is now worth ~$270,000 📈
✅ Remaining loan: ~$224,500
✅ Equity built: 💰 $45,500
Meanwhile, if you kept renting...
💸 You paid over $71,000 in rent.
💸 No equity. No tax benefits. No appreciation.
📍Average 3-bed rents today:
GA: ~$1,850–$2,300
IN: ~$1,500
AL: ~$1,500–$2,000
FL: ~$2,350+
🔒 Bottom line:
Waiting didn’t help. Prices went up. Rates went up.
But ownership builds wealth. Even at today’s rates, you're buying into your future—not your landlord’s.
💬 Thinking of buying in 2025? DM me or comment “INFO” and I’ll run the numbers for your area!
