Deciding whether to rent or buy depends on several key factors:
where you live, how long you plan to stay and how home
prices compare to rents in the area. Zillow crunched the numbers to figure out how long a new homebuyer would
have to own their home before it would make better financial sense to
buy. It's at this "breakeven horizon" that total rental costs exceed the total cost of home ownership. Here's how the math plays out for some of the nation's biggest cities. Rancho Santa Fe is a little too small to qualify...but San Francisco and Los Angeles are on the list!
Don't Forget to Check Out Katie's Rancho Santa Fe Real Estate Website!
No comments:
Post a Comment