Trulia report shows buying cheaper than renting in most major metro areas

Despite the rising number of renters across the country, it is cheaper to buy a home rather than rent one in 72 percent of the 50 largest cities in the U.S., according to an index released by real.

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“They will certainly continue to be major players in the nation. below their 2006 peak have made buying cheaper than renting in all 100 of the largest U.S. metropolitan areas, according to a Sept..

Trulia report shows buying cheaper than renting in most major metro areas. Trulia posted an article about buy vs. rent and the top ten cities where it may save you money to buy. Check it out! Trulia report shows buying cheaper than renting in most major metro areas. Posted by Laura Pulli at 7:31 PM No comments:

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DON’T RENT: 10 US housing markets where it’s cheaper for young people to buy than rent. In terms of major cities such as New York and San Francisco, it’s still cheaper to buy, but just barely. Trulia’s chief economist, Ralph McLaughlin, reports: Our rent versus buy metric is especially tight for young prospective buyers in California.

Trulia determined that buying is 36.4 percent cheaper than renting in the region. Renting would begin to make more sense than buying if interest rates more than doubled to 8.6 percent, which Trulia chief economist Ralph Mclaughlin doesn’t see happening.

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Most. 37.7% CHEAPER THAN RENTING IN THE US The results of the latest Rent vs. Home Buying Checklist Report from Trulia show that homeownership remains cheaper than renting with a traditional.

Buying Is Now 26.3% Cheaper Than Renting in the US The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.