Tag Archive: buying is cheaper than renting

Jul 24

Buying a Home? Don’t Let Fear Get in Your Way

A story about a young couple just buying their first home… Recently I heard a story about a young couple who were about to close on their first home. They were riding the wild roller coaster of current mortgage rate swings and were not happy about the mortgage process overall. Yet, when the conversation shifted …

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May 21

?Buy or rent? Which is better financially?

?Buy or rent? Every potential home buyer has to stop for at least a moment and consider this question. Let’s look at one of the many financial reasons to buy instead of rent: the housing expense moving forward. Which is better financially? According to the latest Existing Home Sales Report from the National Association of Realtors, the median sales …

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Sep 14

Latest News: 42% cheaper to buy in Seattle than to rent. Average savings $715 per month.

The real estate site Trulia just published their detailed annual study regarding the dollar relationship between renting and buying a home in these United States… and, the numbers are startling! For example, in Detroit there’s a 70% advantage to buying versus renting. Buying cheaper in every large metro area Buying is cheaper than renting by several hundred dollars …

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