With skyrocketing housing prices, homeownership may be out of reach for many Americans.
Yet rents are also rising. So how do you know if you should own a home or rent? It depends on a number of factors, experts said.
“If you’re not sure whether or not you want to rent or buy right now … it’s better to make your decision based on your personal situation and your personal needs,” said Lexie Holbert, housing and lifestyle expert for Realtor.com. Read more