Rent vs Buy in Philadelphia>Question Details

Naum, Home Buyer in 19111

Where to find rent versus buy statistics for Philadelphia?

Asked by Naum, 19111 Mon Oct 11, 2010

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3
Dear Naum,

You may read the blog at http://kcmblog.com/2010/10/11/where-to-rent-and-where-to-buy/

According to Trulia Report Price-to-Rent ratio for Philadelphia Is equal to 17.
I hope this info will be helpful.
0 votes Thank Flag Link Mon Oct 11, 2010
Have you tried dwellicious or rentometer? Those are sites that may be helpful. I agree with Nicole that if you qualify, there is no question that you can own for about the same cost of renting or less, depending upon location. Hannah Angert, Realtor, William Festa Realty
0 votes Thank Flag Link Mon Oct 11, 2010
I don't know of any specific statistics but I will tell you as a real estate professional that if you qualify for a mortgage or you have the neccessary funds to purchase right now. There are some amazing properties available.
0 votes Thank Flag Link Mon Oct 11, 2010
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