Is it cheaper to rent or buy a home? Well, that depends on where you live.
Fierce competition for lower-end homes, thanks to a combination of low mortgage rates and record low supply, is driving prices higher.The answer is: It depends where you are.
Of the top 50 markets, 14 showed very little difference between the monthly costs of renting and owning a home. Cities in the Midwest and South favored buying.Memphis, Tennessee, for example, had a monthly rental cost of $914, which was nearly twice as much as the $462 cost of owning a home . California claimed the top four spots, with San Jose, Los Angeles, San Francisco and San Diego favoring renting costs over owning.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Megan Rapinoe Shows Off 'Fierce' Side with Kyle Kuzma, Gus Kenworthy for Abercrombie & FitchThe soccer star is featured among a host of other trailblazers and pioneers in Abercrombie's new fashion campaign
Read more »
All the Times Zendaya Won Fashion Week With Her Fierce StyleZendaya has been dominating the fashion week scene for years. Click here to take a look back at her most memorable style moments!
Read more »
The Science of Self Love: How To Have A Love Affair With Yourself - Being Fierce After FortyThis Valentine’s Day, don’t forget the most important person in your life - yourself. studies are now showing that self-love and self-compassion could be the answer to many of life’s woes. It is the key to having a balanced mental health and keeping anxiety and depression at bay.
Read more »
Anna Wintour’s Favorite Pasta Dish Is Perfect for Valentine’s DayWhat is the perfect Valentine's Day gift for someone you just started dating? Anna Wintour suggests a home cooked dinner–specifically, this one from bonappetit.
Read more »
See Inside the $9 Million L.A. Home Once Rented by Katharine Hepburn in the 1930sIconic horror film actor Boris Karloff also lived in the home after Katharine Hepburn rented it for five years in the 1930s
Read more »
Ginsburg: Senate exemplifies trend of sticking with 'one's own home crowd'Supreme Court Justice Ruth Bader Ginsburg pointed on Friday to the US Senate, fresh off a near party-line acquittal vote to conclude the impeachment trial this week, as an example of the dangers of partisan polarization.
Read more »