Monday, March 31, 2014

The Case For, And Against, Buying A Home

The Case For, And Against, Buying A Home, A recent report takes a look at the age-old question: Should I rent or should I buy?, One year ago, Trulias Rent vs. Buy Report, released by online real estate aggregator Trulia, found it was 44% cheaper to buy a house than to rent. Today, the gap has narrowed, due in part to rising interest rates and home prices. The newest edition of the report finds that buying a home is now 38% cheaper than renting. The report compares costs for a seven-year period using five calculations:Continue Reading...

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