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

It is still cheaper to buy than rent across the biggest 100 metros, ranging from just over 50% cheaper to buy than rent in Baton Rouge, La. to a mere 3.5% cheaper in San Jose, Calif.

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A unit that recently hit the market in DC. Trulia’s most recent Rent vs. Buy analysis calculates that it is 26.8 percent cheaper to buy a home in the DC area than to rent – a slightly slimmer margin than last spring.. While this percentage in favor of buying holds true nationwide, the tide is decidedly swinging the other way in some of the most expensive housing markets, including the San.

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 · The latest Rent vs. Buy Report from Trulia shows that homeownership is still cheaper than renting in 98 of the 100 largest metro areas in the United States.

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Buy Report from Trulia, that depends on the legacy they want to leave behind.. the report shows that renting a home is actually the more affordable. then buying is cheaper than renting in all major metropolitan areas by.

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 · Homeownership remains cheaper than renting nationally and in all of the 100 largest metro areas. Rising mortgage rates and home prices have narrowed the gap over the past year, though rates have recently dropped and price gains are slowing. Now, at a 30-year fixed rate of 4.5%, buying is 38% cheaper than renting nationally, versus [.]

 · 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 the 100 largest metro areas in the United States.

Buying is more affordable than renting in 98 out of the nation’s 100 largest metropolitan areas – even in New York, Los Angeles and Boston, according. buying cheaper than renting in nearly 100.

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