Found 2 blog entries tagged as Renting.

Nearly 60% of Renters Plan to Buy a Home

The Realtor.com August 2025 Rental Report shows that U.S. rents have fallen for 25 consecutive months, with the median asking rent across the 50 largest metros at $1,713, down 2.2% year-over-year. While rents remain 17% higher than pre-pandemic levels, they are still 2.6% below their August 2022 peak. Nearly 60% of renters still plan to buy homes, with half expecting to purchase within one to two years.

  • Rent growth is below the 2017–2019 average of 3.3%, showing a cooling market.

  • Rents declined across all unit sizes:

    • Studios: $1,430, ↓ 1.7%

    • 1-bedrooms $1,593, ↓ 2.1%

    • 2-bedrooms $1,897, ↓ 2.2%

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Should You Buy Now or Wait?

Consider this. If you bought a $400,000 home at the start of this year, you’d be set up to gain roughly $83,000 in equity over the next 5 years based on expert forecasts. So, if you’re ready and able to buy today, remember to factor in the equity that’s at stake as you make your decision. This is why time in the market is better than timing the market.


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