Why There is No Better Time to Rent

As mortgage rates continue to rise, now is a better time than ever to rent. As rates go up, monthly mortgage payments will go up for home buyers and they are now more expensive than a monthly rental payment. According to this article from the Wall Street Journal, it is now 52% more expensive to buy a home than to rent. While rates and payments rise, increasing down payments make it even more difficult for first-time home buyers to put together a down payment. Then once you factor in closing costs, repairs, bringing aspects of the home up to code, etc.-- purchasing a home may not be possible at this time. Repairs and maintenance are also an important consideration. When renting, included in what will often be a less expensive monthly payment you also have costs of most maintenance and repairs covered. For example at Light Farms, we have an on-site management team so you will never have to worry about getting things repaired in your home.

With so much unknown right now in the housing market, there has never been a better time to rent.

BB Living Light Farms is a unique community filled with upscale amenities that were designed with your needs in mind. Each of our new construction homes features an open-concept layout with gourmet kitchens, a washer and dryer, a private backyard with artificial turf, attached garages, and so much more. Our community is located in the picturesque Light Farms in the Prosper ISD. You cannot beat the value of this location, one of the most desirable in the Celina area. You will have access to several spaces throughout the community such as a swimming pool, state-of-the-art fitness center, outdoor kitchen and picnic areas, and so much more. Find all that you need without having to leave our community.

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See the benefits of renting versus buying right now and find your new home at our homes for rent in Celina, TX!

Don’t get discouraged when searching for a home and enjoy stress-free living at our homes for rent in Celina, TX. Contact us at BB Living Light Farms today for more information about our community!