Should you buy or rent your next house?  For many decades, it seemed to be a no-brainer:  if you were able to buy a house, you did it!  But now, with more mobile lifestyles, changing housing markets, and the high quality of available rentals, it can be a tougher decision.

So how do you decide if you should rent or buy your next house in Grand Rapids?  In the end, it is a very personal decision.  However, here are a few key things to think about as you consider your options.

1.   Length of Stay

First, how long do you plan to live in your new house?  Are you confident that you like the neighborhood, the school districts, and the commute to work?  Think long term.

If you don’t think you’ll continue to enjoy the location in a couple of years, choose to rent.  If you’re not ready to settle down, buying doesn’t make much financial sense. Continue reading “Should You Rent or Buy Your Next House in Grand Rapids?” →