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Renting vs Buying in Birmingham, AL: Which is Right for You?

Redfin

There are several factors that make Birmingham a favorable place for property investors too, such as its affordable home values, passive income potential, and overall market stability over the last few years. Although your other monthly expenses may vary, your mortgage payments will remain the same, providing you peace of mind and stability.

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Renting vs Buying in Austin, TX: Which is Right for You?

Redfin

As interest rates have increased, investors and those without a real need to buy a home have left the housing market, easing the competition for other homebuyers. Stable monthly payments Buying a home with a fixed-rate mortgage means that your monthly mortgage payments stay the same over the duration of your mortgage.

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How the U.S. Housing Market Was Rocked by COVID-19—and Where We Go From Here

Realtor.com

And, just maybe, buyers may no longer be pressured to do things that over a year ago would have seemed ludicrous: waiving inspections, agreeing to pay closing costs, and sometimes buying homes across the country via video calls, sight unseen. What resulted was the lowest interest rates we’ve ever seen.

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