Today’s LA Times features an Andrew Khouri report stating that “rents increased at a slower pace in the third quarter, although that’s not much relief for tenants now paying, on average, nearly 6% more than they did before the recession.” That’s a lot!

No doubt, renting is a fact of life and makes perfect sense for some people. But as costs rise, with no relief in sight, and while mortgage interest rates continue to hover near historic lows, you might be asking yourself… is it time to buy?

Consider this great opportunity in home ownership, an exclusive offering from Tracy Do Real Estate: NELA Union in Glassell Park.

Set within beautifully landscaped grounds that include a community garden and dog run, these 2, 3 and 4 bedroom residences have open floor plans that can be fully customized in the onsite design lab. Each has a private two-car garage and features sustainable elements like tankless water heaters, high efficiency furnaces and radiant roof barriers. Best of all these stylish, energy-smart homes will be offered at a cost comparable to paying rent. Prices start in the high $400,000’s. That’s for a brand new three-level home that even comes with a one-year warranty.

Learn more and check out the cool floor plans at nelaunion.com.

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