California Renters Still Dream Of Homeownership

Dated: 01/16/2019

Views: 242

According to a study released by the California Association of Realtors (CAR) last month, renters in California are still optimistic about eventually owning a home. The study reports that California renters pay a median monthly rent of $1300 a month, but of course that number is higher in the Bay Area, with a median rent of $1800 a month. If you are among those who would eventually like to own a home, you are not alone. The infographic below shows a few of the benefits of owning a home versus continuing to rent. 

Buy vs Rent infographic




Blog author image

Cathy Davis

Cathy is a staunch advocate for her real estate clients, always focusing on a win-win scenario during negotiations. She began her real estate career in 2013 after working for over 20 years as a nurse ....

Want to Advertise on this Site?

Latest Blog Posts

What I Am Doing To Make Sure You Are Always Ahead In Real Estate

These are very complicated times in the world, and I believe we should all be safe and healthy during this coronavirus situation.We should all follow CDC guidelines to help flatten the curve of the

Read More

Buying Or Selling A Home In Todays Coronavirus Environment

As it stands right now, Gov. Newsom has ordered all Californians to stay in and not take any chances of being exposed to the coronavirus. How do you continue your home search or list your home in

Read More

Mar 19 2020 11325 1

“Mortgage rates rose again this week as lenders increased prices to help manage skyrocketing refinance demand,” said Sam Khater, Freddie Mac’s chief economist, in the report.Those aiming to

Read More