5 min read ·Should I Buy?

Is Buying Right for You?

Key Takeaways

✓Homeownership builds equity over time, but requires commitment
✓Consider your lifestyle, job stability, and 5-year plans
✓Renting can make sense in certain situations - it's not "throwing money away"

The Real Question

Before diving into mortgages and down payments, ask yourself: Is now the right time for ME to buy a home? This isn't just about money—it's about your life situation, goals, and what makes sense for your future.

Cozy house illustration representing your future home

When Buying Makes Sense

Buying typically makes sense when you plan to stay in one place for at least 3-5 years, have stable income, and want to build equity. In Kentucky, the relatively low cost of living means homeownership is more accessible than many states.

Comparison of renting versus buying a home

When Renting Might Be Better

Renting isn't throwing money away. It provides flexibility if your job might relocate you, if you're still figuring out which Kentucky city fits your lifestyle, or if you need time to build your credit and savings.

🏠 Kentucky Housing Market

Kentucky has one of the most affordable housing markets in the nation. The median home price is significantly below the national average, making homeownership achievable for many first-time buyers. Cities like Louisville, Lexington, and Bowling Green each offer different lifestyles and price points.

✅ Your Next Step

Take our affordability quiz to see where you stand, then use the rent vs. buy calculator to compare your options.

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