There’s long been debate about whether one should buy or rent a home. Of course, so many factors can be at play in such a decision such as income, job stability, children, schools, how much money you may or may not have for a down payment, interest rates, rental rates, median home prices, etc.
Here is an excellent article, recently published by Realtor.com, that lists certain metropolitan cities within the U.S. and breaks down a buy vs. rent comparison in each city. As you will see, in some cities, such as San Antonio, it is still a better financial situation to buy rather than rent, if you can do so for a variety of reasons.
It’s a good read and I encourage anyone who is currently on the fence or in the process of trying to decide whether buying or renting is the better option for them.
Read the Original Article Here: With Housing Prices Spiking Everywhere, Where Is It Cheaper To Rent vs. Buy?
Hill Country Flat Fee Realty proudly serves the communities of Boerne, Fair Oaks Ranch, San Antonio, Austin, Dripping Springs, Blanco, Round Rock, Cedar Park, Georgetown, Leander, Kerrville, Fredericksburg, Bulverde, Spring Branch, New Braunfels and Comfort. Our flat fee model that saves sellers a ton of cash and is simply the smarter way to sell a property these days. Simply put, there is no need to pay high commissions these days to sell your property…save the money, after all-it’s yours!