Rent vs Buy in 15217>Question Details

M, Other/Just Looking in Pittsburgh, PA

where is Rent VS Buy Index released 10-08-10?

Asked by M, Pittsburgh, PA Fri Oct 8, 2010

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Tom Duffy’s answer
Okay M,

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 "

1 vote Thank Flag Link Wed Oct 13, 2010
0 votes Thank Flag Link Fri Oct 15, 2010
Just type rent vs buy in any search engine but the most critical information is why and what is your goal of purchasing a home. The benefits to a person and their family's psyche can outweigh a strictly financially motivated decision.
0 votes Thank Flag Link Fri Oct 15, 2010
Many don't know when you purchase a home you receive annual tax credits for life of your home ownership. Confer with CPA for tax deductions closing costs and etc.

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:…

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
0 votes Thank Flag Link Wed Oct 13, 2010
M -

You can go to and search for Rent VS Buy. I believe the last update was on 10/8

Good Luck!

If you like the answer - please consider making it a "Best Answer" !

Gerard Dunn
Associate Broker
Licensed in Maryland, Virginia and Washington, D.C.

Assisting Homebuyer's and Seller's for 28 years
0 votes Thank Flag Link Wed Oct 13, 2010
0 votes Thank Flag Link Sat Oct 9, 2010
M - I noticed there are no answers to your question yet and I'm not sure what specific index you're referring to. If you can provide more details I should be able to help you. Please contact me directly through my website with the details if you still need help. Thanks.
Web Reference:
0 votes Thank Flag Link Sat Oct 9, 2010
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