Dennis Lynch, Real Estate Consultants, Real Estate Expert

Should you rent or should you buy? – A Recap

Housing choices can be overwhelming. For instance, buying or renting! Well, with the right assistance, deciding becomes a piece of cake. Dennis and Marshall Lynch Real Estate Consultants is here to assist buyers and agents make informed real estate decisions. The Covid recovery period has set housing prices going up, with an increase of 17.3% in buying prices and 10% in rental prices in Rumson, NJ. Dennis Lynch highlights that timing is crucial when deciding to buy or rent. Homeownership becomes less expensive in the long run as compared to renting. If you are looking to stay in the neighborhood permanently or for over five years, buying is advisable instead of renting and more

Mortgages rates are also expected to rise to 4.5% at the end of 2022. The rising interests will push buyers out, lowering the number of buyers competing for the housing stock. If you are looking to buy up in late 2022, making down payments with existing cash will lock the prices that you will otherwise be considered low in 10 years.

About Dennis and Marshall Real Estate Consultants

Dennis and Marshall Lynch Real Estate Company was founded in 2022 by Dennis and Marshall Lynch. Dennis Lynch is a real estate analyst with over 10 years of experience. Marshall Lynch, his son, follows in his footsteps as the co-founder. The company explains real estate market trends in Rumson, NJ. It also helps the key parties understand the market and advice them on the buying and selling decisions