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To Rent or Own? That is the Question.

Posted By Wally Reule @ May 12th 2013 12:48pm In: Sedona Real Estate Market News

According to a recent survey by the John D. and Catherine T. MacArthur Foundation, attitudes about home ownership have changed a lot since the housing crisis. The appeal of renting is increasing. That's become very apparent with regard to housing in Sedona. Many of the Sedona area homes for sale under $350,000 have been purchased by investors to be rental properties. In spite of that, demand, and competition for rental homes remains high, and many potential renters are having a difficult time finding a place to live in Sedona. If you're considering a home in Sedona, but are not yet ready to move, consider buying a home now while prices and interest rates are low, and rent it until you're ready to move into it.

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