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rent vs buy

owning is more affordable than renting in Phoenix

Owning Is More Affordable Than Renting In Phoenix and 19 US Metropolitan Areas

Most people rent because they think it’s more affordable than owning a home—but in a huge number of metros in the United States, that’s just not true. According to a recent study from LendingTree, the median mortgage payment is less than the median rent payment in 20 of the 50 largest metros in the US. That means that owning a home in one of these areas will actually save you money...

73% Of Millennials Cite Affordability As Reason They Don’t Own A Home

A large percentage of millennials want to buy homes. But they’re allowing rising home prices—and misconceptions about the market—to keep them stuck in the renting cycle. According to CoreLogic’s Young Millennial Housing Survey (which was featured in their most recent Home Price Index report), 40% of millennials are extremely or very interested in purchasing a home now (with 64%...

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