Is Buying a Home Still Cheaper Than Renting?


Even with a rise in the average home cost of 7% in the last year, it is still cheaper to purchase than rent. Just how much cheaper? If you were to stay in a residence for 7 years, the cost to own it is on average 44% cheaper than it would be to rent the same residence. There are a lot of calculations that go into that average, but that is quite the savings! To find out more about the comparisons in your area you can visit http://trends.truliablog.com/2013/03/rent-vs-buy-winter-2013/. So what are you waiting for, give us a call and we will help you find the savings!


About the author

As a successful real estate investor and Realtor®, James Wehner’s focus is to assist buyers (investors, first time home-buyers, second home-buyers, relocation…etc) and help them find the best deal that matches their real estate needs.

Leave a Comment