Buying Beats Renting in 22 Major U.S. Cities
Curious to know about buying a home vs renting? Here’s the answer! That’s right — according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): Improved Affordability for Homebuyers As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has […]