Big-city dwellers are better off renting than buying a home everywhere, analysis says
As of February, the typical monthly mortgage payment of a median-priced home in the U.S. was $2,703, while the typical monthly rent nationally was $1,979.Start the day smarter. Get all the news you need in your inbox each morning.
Comparing the cost of buying vs. renting a home in Detroit
Across the country, the median price of a home right now is almost $413,000. The mortgage on that amount is about $2,703/month, and the rent price was $1,979. This means the buy-to-rent ratio was 37%. In Metro Detroit, the news is a little more encouraging.
Rent or Buy? A new study suggests renting is now cheaper than buying an average home
A new study Bankrate released today says renting is now cheaper than buying a typical home in the largest cities across the country.The biggest variance was fou
In North Texas buying a home costs 73% more than renting
Housing affordability continues to be a conundrum for many Americans, both from the perspective of renting and buying. Recent findings from a comprehensive Bankrate study indicate a significant tilt towards renting being more economical than buying,
Renting Is Cheaper Than Buying in All 50 States. How Does Your City Compare?
Renting is cheaper than buying, according to a new Bankrate survey. In 21 U.S. metros, the monthly cost of owning is at least 50% more expensive than the monthly cost of renting.
It's cheaper to rent than buy a home in the nation's 50 largest metro areas, report says
If you've been feeling defeated about not being able to buy a home quite yet in today's market, don't worry: It's cheaper to rent than buy in every one of the country's 50 largest metropolitan areas,
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Financial Educator Reveals That Renting Isn't 'Throwing Money Away' & How It Can Actually Make People Wealthier Than Buying A Home
Access to amenities is another huge benefit of renting instead of buying a home, including things like access to a gym, pool, ...
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Renting AV Equipment Offers Financial and Technological Advantages
Craig Underwood, Director of AV Engineering at Moravian University, examines the benefits of renting AV equipment.
Warren Buffett's $31,000 House Is Now Worth $1.4 Million -- but He Still Says Renting Would've Made Him Wealthier
Real estate has the potential to gain value over time. But you might do even better for yourself by investing. Read on to ...
Here's how much more it costs to buy a home vs. renting in Orlando and beyond
Bankrate assessed the buy-to-rent ratio for homebuyers in the top 50 U.S. metros. Here's how Orlando, Tampa and other cities ...
Renting Out Your Home For The NFL Draft
For those looking to take advantage of the inevitably large crowds that’ll be heading to Green Bay for next year’s NFL draft, ...
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New Rosslyn apartment tower starts renting as Hilton hotel construction continues next door
The new 28-story apartment building at The Key development in Rosslyn is complete and seeking new tenants. Sophie Mao, a ...
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7 Reasons Renting an RV Should Be On Every Family’s Summer Bucket List
Summer vacations with the family are the stuff of lifetime memories, funny stories, and learning experiences. A family trip ...
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34th Street Market demolished in Ocean City after decades of renting bikes, serving ice cream
The business was also known for its produce and garden center. A condo building with ground-floor retail is planned on the ...