Rent vs. Buy – Page 14

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Buying Remains Cheaper Than Renting in 39 States!

By Pam Treece|2020-05-15T13:37:01-07:00October 17th, 2017|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Real Estate, Rent vs. Buy|

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up [...]

Net Worth of Homeowners 44X Greater than Renters

By Pam Treece|2017-10-12T10:00:38-07:00October 12th, 2017|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate, Rent vs. Buy|

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey data, covering 2013-2016 was released two weeks ago. The study revealed that the 2016 median net worth of homeowners was $231,400 – a 15% increase since 2013. At the same time, the median net [...]

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