The Rules of Renting vs. Buying

In the last three years, real estate's increased 45% in terms of the average home price. "Don't let your house be a trap that keeps you locked in to your current lifestyle for a long period of time," he says. You need to have $10, $15,000 in cash set aside as a buffer for the things that go wrong. The properties that are sitting on the market right now because they're overpriced or do not meet their needs is disproportionately more popular with buyers.