The answer to your question is, stop looking to far into that subject rent vs. buying. You have the perfect storm for buying right now ! , You have great deals on homes at the lowest prices and the historically low interest rates. Its a no brainier that you can own your own home at a lower monthly payment or pay someone else's mortgage for more money monthly. Its that simple " The time to buy is now "
However when you purchase a home you own it, many are afraid as renters that home could get foreclosed they are searching for another property lease.
Rent always rental increase vs. you owning the home no concerns.
Blog published about subject matter: http://activerain.com/blogsview/1809959/seven-reasons-why-yo
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
You can go to http://www.truliablog.com and search for Rent VS Buy. I believe the last update was on 10/8
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Licensed in Maryland, Virginia and Washington, D.C.
Assisting Homebuyer's and Seller's for 28 years