Buying Beats Renting in These Top Cities

Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.

Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
When you finally find the home you want to buy, it’s easy to get caught up in the excitement.
Are you trying to buy a home but you feel like you’re up against deep-pocketed Wall Street investors snatching up everything in sight?
In today’s housing market, many sellers are making a critical mistake: overpricing their houses.
Even though asking home prices rose 7.0% in the last year, outpacing rent increases of 3.2%, the gap between buying and renting has narrowed only slightly. One year ago, buying was 46% cheaper than renting. Today’s it’s 44% cheaper to buy versus rent. In fact, homeownership is cheaper than renting in all of America’s 100…
Selling your house? Or just looking to increase the value and appeal of your home for when you do?
It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how…