Morning Minute: Owning a home cheaper than renting in many communities

Something to consider this spring if you’ve been debating whether you should make the move to buy a home: house payments on a median-priced home are more affordable than paying fair market rent on a three-bedroom property in 76 percent of U.S. counties analyzed in RealtyTrac’s latest Residential Rental Property Analysis. Illinois’ Tazewell County near Peoria made the list of most affordable counties to buy a home as well as rent.

In other headlines:

Veteran builder tries crowdfunding a subdivision – Crain’s Chicago Business

More Proof Home-Buyer Demand Is Rising – NAR’s Daily Real Estate News

Leave a Reply

Your email address will not be published. Required fields are marked *