The buy-vs.-rent calculation, which had shifted in favor of renting during the housing market’s down years, has shifted back again as growing demand for rental units have outstripped the supply. RealtyTrac’s most recent “buy-or-rent” analysis found that housing payments (including mortgage, insurance and property taxes) were lower than the rent on comparable three-bedroom homes in… Read More »

Although appreciation rates have moderated over the past year, home prices are still rising. The S&P Case-Shiller 10-city index increased by 4.8 percent in February (vs.4.3 percent in January) and the 20-city index was up by 5 percent, compared with a 4.5 percent annual increase the previous month. Rising prices are something of a double-edged… Read More »

The financial pendulum has swung again, making buying a home more affordable than renting in a majority of major housing markets for the first time in nearly a decade. That assessment comes from a RealtyTrac analysis of rental cost data compiled by HUD covering 543 counties nationwide. The analysis showed that in 68 percent of… Read More »