John Schoen recently wrote an article on msnbc.com by the aforementioned title. Based on the chart below, AND depending on your personal financial situation, it is with no doubt a better time to buy. Check out this calculator on the New York Times web site. For example: Let’s say your rent is $1800 per month.… read more →
Sponsored by My1stHomeRebate.com and MyRentRebate.com and A recent article in the Wall Street Journal details the advantages of owning vs. renting a home in several major metropolitan cites. Nick Timiraos states, “Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point… read more →