More and more renters are trying to buy a home than ever before. Why? The factors for buying have never been for favorable. Low interest rates combined with reasonable home prices have created the best opportunity for home buyers and for a renter, the cost of renting is often more than a mortgage payment. It's never been more valuable to a renter to buy vs rent. Check out this article from the LA Times.
For renters, buying a home pays off after three years on average
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