Buying Is Still Less Expensive Than Renting

Buying Is Still Less Expensive Than Renting

Home ownership remains cheaper than renting throughout the 100 largest metro areas in the U.S. Even though prices increased sharply in many markets over the past year, low mortgage rates have kept homeownership from becoming more expensive than renting.  The bottom line is buying a home makes sense. Rental costs have historically increased at a higher rate of inflation. Lock in a mortgage payment now before home prices and mortgage rates rise as experts expect they will.


Kelly Olsen Headshot
Author:
Phone: 201-669-7520
Dated: September 15th 2014
Views: 3,850
About Kelly: Having the right real estate agent means having an agent who is committed to helping you buy or sell...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

The Mortgage Deduction Impact On Real Estate - The good news is that people will
Tax Reform Impact - Tax Reform is the new reality.It
Top Reasons Why Your Home Isnt Selling - Many panic when their home does
Mansion In May - Typically held every other year,

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Keller Williams Realty Metropolitan
55 Madison Avenue
Morristown, NJ
973-975-0003
973-539-6888