Is Owning A Home Easier Than Renting In Alexandria?

Realty and Property Management

Owning a home is a major achievement and a great investment for many individuals living in Alexandria. The City of Alexandria features many residential areas where individuals own their own home while other are currently paying rent. A recent survey conducted by Lendingtree shows that individuals believe owning a home isn't difficult as renting. More than 2,000 homeowners were surveyed and 15% believe that renting is easier compared to 67% who believe owning is easier. In Alexandria, homeowners who have been living in their homes for a long period of time believe owning is easier compared to individuals who have been living in their homes for a short period of time. The survey shows that the longer an individual lives in their home the less likely they will ever rent again. Only 7% of respondents who have their own homes for more than decade would return to renting with 19% of homeowners for three years or less saying the same. Alexandria features many residential areas where prospective individuals can own a home or rent, depending on their preference of home ownership or home rental.

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Jodi Ann

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Jodi has been trained in Data Entry, Operations Management and Administrative tasks. She also holds a Bachelors Degree in Banking and Finance with a hope of pursuing a Masters in Banking and Finance. She is a senior writer for Nesbitt Realty and an expert on Alexandria Virginia. Outside of work, Jodi enjoys spending time with her son and her family.