Buying a Home is More Affordable Than Renting in 66% of US Counties » Mortgage Masters Group

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The 2018 Rental Affordability Report released by ATTOM Data Solutions has stated that "buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.

The report found that "making monthly house payments on a median-priced home – including mortgage, property taxes and insurance – is more affordable than the fair market rent on a three-bedroom property in 354 of the 540 counties analyzed in the report (66 percent)."

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Buying A Home Is More Affordable Than Renting In 54% Of US Counties According to attom data solutions’ 2018 rental Affordability Report, "buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report."

The tale that owners Pauric and Linda tell of creating their striking home is a lesson in creativity. Speedy sums revealed that the cost of a mortgage on this house would be less than the rent on.

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Lance Whipple – REALTOR | EXIT Realty Champions, Davenport, FL Access and Use Terms By signing in with your Username and Password, You, on behalf of yourself and the Dealership and its employees, officers and directors, expressly acknowledge and agree to the following:

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Why Should I Rent If a Mortgage Payment Is Cheaper? Counter to the overall trend, renting is more affordable than buying a home in 186 of the 540 counties analyzed for the report (34 percent), including Los Angeles County, California; Harris County (Houston), Texas; San Diego County, California; Orange County, California; Kings County (Brooklyn), New York; Dallas County, Texas; Queens County, New york; riverside county, California in the inland area of Southern California; King County (Seattle), Washington; and Santa Clara County (San Jose.

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