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Puget Sound Housing Market 2025 🏡 Is renting really cheaper than buying a home in Puget Sound? On the surface, the answer might seem obvious—but the full story is more nuanced. Welcome to this episode of the BS Real Estate Show (Buying & Selling Real Estate)! I’m Shirley, and today we’re breaking down what today’s market changes really mean for renters and buyers. We’re looking beyond just the monthly payment and diving into affordability, equity, and the true cost of homeownership. 📊 Using recent data from Bankrate, First American, and Redfin, we cover: 💰 Why renting appears cheaper in today’s market 🧾 The true annual costs of owning a home (taxes, insurance, maintenance & more) 📈 How equity builds over time—and why that matters 🏠 What the numbers show for buyers who purchased in different years 🤔 Why some buyers still come out ahead, even in tougher markets 🌊 National trends matter—but real estate is local. That’s why I also talk about how these insights apply right here in the Puget Sound market, and what buyers and renters should be thinking about long term. ❓ Key question: Where do you want your housing payments to take you in the next 5–10 years? 💬 Drop your questions in the comments—I may cover them in a future video. 👍 If you find this helpful, please like, subscribe, and share with anyone navigating the rent vs. buy decision. Thanks for watching—and I’ll see you in the next episode! ✨ Until then, keep dreaming big and aiming high. Shirley's Real Estate Group/John L Scott 206-941-5478 - Direct ShirleyREgroup@gmail.com https://www.shirleyjohnlscott.com 00:00 Introduction 00:50 What’s Changed in Today’s Market 01:30 How Equity Builds Over Time 02:34 Rent vs Buy: What the Data Shows 03:01 What Buyers Gained vs Renters Lost