Rent or Buy?

June 9, 2010 by  
Filed under Blog, Rent or Buy?

Is it better to rent a home or buy a home?

I think that most people are starting to realize that it is best for them if they rent a home.   During the boom years this question never arose, if a person could buy a home it was in their best interest purchase a home.   Considering that the national home prices have slid  drastically, buyers are becoming much more cautious as whether it is the right time to buy.

To determine which option is better, Trulia compares the costs of buying a two-bedroom condo with the costs of renting one. Then, Nelson said, the results can be extrapolated to other classes of homes, such as larger single-family houses.

Housing Assist Coldwellbanker