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Homes that are listed for rent or lease.

Found 4 entries about Rentals.

To buy a house or rent, that is the question?

The market has made it challenging for home buyers, who must balance little inventory and a lot of competition. And to make matters worse, rising interest rates are here to stay. While home mortgage interest rates have increased to the high 4% range, this would be the time to really ask yourself what is the better option... buy or rent? I get it, it's a tough market right now, it may be nerve-wracking to deal with putting an offer on that home you have dreamt about and very likely deal with buyer’s fatigue and end up paying more a month because of the current rates. However, investing in real estate may be more beneficial than you know in the long run.

 

You can say Yahoo! News  explains it

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As more and more months tick by, buyers keep asking me, what is better right now... should I keep trying to buy a house knowing it's a seller's market right now, or should we just wait and rent until buyers have more of a fighting chance? Well, according to Keeping Current Matters it looks like renters are not doing much better. In fact, 

 

Single-family rent growth hit its sixth consecutive record high. . . . Annual rent growth . . . was more than three times that of a year earlier. Rent growth should continue to be robust in the near term, especially as the labor market continues to improve.”

 

Yes, there are benefits to renting a house vs. buying, such as fewer (if any) maintenance costs, also things like having less stress

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When we think of buying our first investment property, it can be super exciting, and we don't always realize the tangible benefits of investing in real estate. 

Yahoo! Finance mentions the many benefits when investing in real estate, one of them being appreciation:

 

Real estate appreciates naturally, and you can also force it. Home renovations and remodeling can improve a property’s value, giving you an even greater return on your investment.

 

Another good benefit is cash flow:

 

If you invest in a rental property, you can earn cash flow in addition to any appreciation. You earn cash flow from the rent charged on the property and after you pay the expenses including the mortgage, taxes, insurance, and any

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The rental market for a single-family home in Washington has gone up significantly

By Liza Alley 

K5 news explains in this article how the rental market for a single-family home has gone up tremendously in King, Piece as well as Snohomish county. 

According to Redfin, the average monthly cost of rent for a single-family home in King County rose $345 from May 2020 to May 2021. Rent increased $300 during that same time in Pierce County and increased $200 in Snohomish County.

A breakdown of average single-family home rental prices for the three counties is below:

King County:

  • May 2020: $2,650
  • May 2021: $2,995

Pierce County:

  • May 2020: $1,800
  • May 2021: $2,100

Snohomish

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