Buying a Home Is Less Expensive Than Renting.

by Tracy Hookstra | March 19, 2014

According to Trulia’s recent Rent vs. Buy Report, homeownership remains cheaper than renting by an average of 38% in all of the 100 largest metro areas! Yes, you read that right. Low mortgage rates have kept homeownership more affordable than renting. For renting to become a better choice, rates would have to rise to 10.6%, which hasn’t happened since 1989. Purchasing a home is the best bet! Contact The Jan Richey Team today. With combined real estate experience of over 115 years, the eight members of The Jan Richey Team are seasoned professionals and can help guide you through the buying and selling process!

Information and Image provided by the KCM Blog.