The Difference Between Renting and Owning
The Difference Between Renting and Owning - Kimmy Ostrom, REALTOR®
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 numerous 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 make your own net worth and can lock in your monthly payments for the length of your loan. Kansas homeowners’ equity, on average, has grown by $30,000 over the last 12 months. Kansas ranks among the highest states in homeowner equity growth in the Midwest.
Homeownership is a key pathway to building wealth and, on average, is more profitable than any other investment vehicle.
If you’re weighing your options and want to learn more, let’s connect to discuss the benefits of homeownership.
Kimmy Ostrom, REALTOR®
Cloud 9 Realty Group, LLC
(316) 665-6477Serving all of Wichita and south-central Kansas
