Banker Explains: Renting VS Buying a Home | Shocking Truth Revealed

This video discusses one of the hottest topics this year: Banker Explains: Renting VS Buying a Home | Shocking Truth Revealed

The Housing market does not look very promising in 2024. While interest rates have come down from a record high of 8% in 2023 to 7.23% now, they’re still very high. Plus, with continuing low inventory levels, sellers still have the upper hand. The median home price is now one of the highest it’s ever been, at $400,000.

😍 𝐈 𝐇𝐎𝐏𝐄 𝐘𝐎𝐔 𝐆𝐔𝐘𝐒 𝐄𝐍𝐉𝐎𝐘 𝐓𝐇𝐈𝐒!
▶️ If you enjoy this video, please like it and share it.
▶️ Don't forget to subscribe to this channel for more updates.
🔔 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐁𝐄 𝐍𝐎𝐖:
▶️    / @uncharteredaccount  

So in 2024 - Is It Cheaper to Buy or Rent?

Watch this detailed video where I break the actual cost of owning a home, and the pros and cons of each option. Hope you enjoy this video :)
00:00 Introduction
01:31 True Cost of Owning a Home in the US
03:25 Cost Breakdown of an Avg Home in the US
06:58 Factors favoring Renting
08:07 Limitations on Renting
08:27 Factors favoring Owning
09:04 Limitations on Owning
09:38 Concluding Thoughts

🎬 𝐖𝐀𝐓𝐂𝐇 𝐎𝐔𝐑 𝐎𝐓𝐇𝐄𝐑 𝐕𝐈𝐃𝐄𝐎𝐒:
▶️    • Should you Buy a Home in your 40s? Th...  
▶️    • Expenses You Should NEVER Skimp On! S...  
▶️    • How I Became Broke at 40 | Secrets To...  
▶️    • USA Vs Canada - Which Country is Bett...  
▶️    • Do Not Change Your Job Until You Watc...  

🔔 𝐒𝐔𝐁𝐒𝐂𝐑𝐈𝐏𝐓𝐈𝐎𝐍 𝐋𝐈𝐍𝐊:
▶️    / @uncharteredaccount  

⚠️ 𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: We do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of my publications. You acknowledge that you use the information I provide at your own risk. Do your research.

✖️ 𝐂𝐎𝐏𝐘𝐑𝐈𝐆𝐇𝐓 𝐍𝐎𝐓𝐈𝐂𝐄: This video and my YouTube channel contain dialog, music, and images that are property of "Unchartered Account". You are authorized to share the video link and channel and embed this video on your website or others as long as a link back to my YouTube channel is provided.

© Unchartered Account

▶️ 𝐇𝐀𝐒𝐇𝐓𝐀𝐆𝐒:
#rentingvsbuying #homebuyingtips #rentorbuy #homeownership #realestateadvice #housingmarket #financialadvice #realestate2024 #firsttimehomebuyer #homebuyingguide #realestatetruths #househunting #mortgageadvice