Renting vs Owning: 5 big differences

Is it smarter to rent or to buy? Let’s look at the numbers.

There are at least five big differences between renting vs owning a house:

1. Rents keep rising.
There are times when renting makes more sense–like when a renter needs to live somewhere short-term–but rents have been steadily climbing for more than 30 years.

2. Rental agreements are subject to change.
Landlords can change their policies when it suits them: A pet could suddenly be deemed unwelcome, putting a renter in a tight spot.

3. Owning is cheaper.
Owning a median-priced home is more affordable than renting in the majority of counties in the U.S. (This reflects early 2022 numbers.)

4. Owning builds prosperity.
Owning a home doesn’t just provide a place to live–it also builds a long-term investment. In the past year, the avg. homeowner has accumulated $55,300 in equity.

5. Owning gives you creative control.
In a recent study, 63% of people said they want to own because they’ll gain more flexibility over their space.

Intended for educational purposes only. Please consult a trusted professional as personal circumstances may vary. Sources: U.S. Census Bureau/ATTOM Data/CoreLogic/LendingTree, 2022.

Kandida Reynolds

Kyleign Gleason

Real Estate Agent

Born and raised in Texas! I was born in Arlington and soon moved to Grapevine when I was younger, I have called it home now for the last 15 years. I have always worked in retail and love all things fashion. Growing up, I’ve seen what a power house my mom has become through real estate and all the opportunities it offered her and our family. Working in real estate has caught my attention and interest; I cannot be more excited to start my journey. I think helping people find their dream home, investment home, starter home, or even temporary home is such a wonderful thing. It really is an amazing experience to be a part of and I’m looking forward to soon being able to be that person who gets to help!

Kandida Randall

Agent | License ID: 0741017

Choosing a career in real estate has been one of the best decisions of my life. I have lived in several cities across the metroplex so no matter where you are looking, I am able to provide guidance and advice. I have had the joy of helping dozens of families buy, rent or sell their homes. My clients may be first-time home buyers that are excited to start this incredible journey, sometimes they are family or friends that need to sell the home they’ve lived in for 20+ years… no matter what, I’m deeply humbled that they trust me to lead them through this process and I would be honored to help you as well! ​​​​​​​​​​​​​​​​​​​​​

Elizabeth Gleason

Agent | License ID: 0613248

Knowledgeable, Trustworthy, Dedicated. Elizabeth Gleason moved to the DFW area in 2000. She currently resides in Grapevine with her family. Passionate about serving people, Elizabeth launched her real estate career in 2009 after working in an upscale fast-paced corporate environment. Her hard work, charisma, true passion for helping others has helped Elizabeth’s reputation as a qualified real estate agent rise quickly. Elizabeth specializes in all facets of the real estate business, she works with buyers, sellers, renters, investors and in commercial. “It is such a privilege working with clients while doing something I love. I look forward to walking this journey with you.” In her free time, Elizabeth enjoys hosting family and friends, volunteering, and attending local events.

2021 Real Producers Top 500 • 2021 #9 Top Producer • 2021 #4 Closed Listings • 2021 #5 Closed Buyers • 2021 Real Producers Top 500 • 2021 Humaniarian of the Year • 2021 D Magazine Best of Realtor • 2020 Real Producers Top 500 • 2020 #8 GCI • 2020 #4 Closed Buyers • 2020 Group of the Year • 2020 D Magazine Best of Realtor • 2020 Feature in Top Agent Magazine • 2019 Real Producers Top 500 • 2019 D Magazine Best of Realtor • 2019 #3 Top Producing Agent • 2019 Million Dollar Producer • 2018 D Magazine Best of Realtor • 2017 D Magazine Best of Realtor