With rising housing costs, many individuals are faced with a crucial decision—whether to rent or buy a home. In 2024, this decision is more complicated than ever, as fluctuating interest rates, housing affordability, and market conditions have shifted the dynamics of both renting and buying. Understanding the pros and cons of each option can help you determine which path is best for your financial situation and long-term goals. In this article, we’ll explore the key factors to consider when deciding between renting and buying in today’s market
Should You Rent or Buy a Home in 2024? Weighing the Costs and Benefits
