Why Renting Can Be Your Best Bet

Sutton Stokes writes about renting versus owning
Sutton Stokes writes about renting versus owning

Is buying always superior to renting? Not always, and in a down market, not when it comes to selling.

Writer Sutton Stokes recently shared his saga with The Washington Times Communities. He and his wife went from renting to owning, to selling -- and waiting. In his words, "our decision to 'stop throwing money away on rent' will have cost us almost $10,000 we wouldn't have spent otherwise."

Meanwhile, his home still hasn't sold.

I caught up with Sutton and asked him how the experience altered his outlook.