Stronger Lure for Prospective Home Buyers

Owning Continues to Become More Affordable Relative to Renting, but Several Obstacles Prevent Many From Biting Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number …

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Cheaper to buy than to rent in 72% of largest U.S. cities

According to a study released by Trulia, it is now cheaper to buy than to rent in most of the largest cities in the U.S.  Ever since the beginning of the real estate market downturn, many former homeowners have traded in their bought home for a rental, whether by choice or foreclosure.  But now it’s …

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