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Is Buying Cheaper Than Renting?

Is BUYING CHEAPER THAN RENTING? Trulia reports that HOMEOWNERSHIP is cheaper than renting in a majority of America's 100 largest metro areas. On average, home buying is 35 PERCENT cheaper than renting. $4 Rent prices have increased 3.7 PERCENT FOR from 2014. RENT While home prices have also risen, MORTGAGE RATES MORTGAGE have dropped significantly. HOME PRICES In many Florida cities, buying is over 50 PERCENT cheaper than renting. In areas with high HOA fees, such as HAWAII & CALIFORNIA buyiing may not be the most benificial option. Home-buying in HOUSTON & DALLAS is over 40 percent cheaper than renting. Home-buying in ATLANTA, GA can be 52 percent cheaper than renting. Castle & Cooke MORTGAGE, LLC, NMLS #1251 http://www.trulia.com/trends/category/rent-vs-buy-index/ http://www.huffingtonpost.com/2014/03/07/major-cities-cheaper-to-buy-then-rent_n_4914174.html

Is Buying Cheaper Than Renting?

shared by Fusion360-2 on Jun 18
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As many mortgage companies would be quick to note, the advantages of building equity through mortgage payments (as well as the other long-term benefits of home ownership) mean that in many areas, ther...

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