Tuesday, July 1, 2014

CITIES WHERE RENTING IS SMARTER

In some markets it is more logical to rent than to buy a home. Due to the amount of time it would take to break even on a home investment, and considering median home prices as compared to average rent amounts, some cities offer the more affordable option to the renter.

 If you do not plan on staying in a given location for at least 2.5 years, you should consider renting…especially if you are living in one of these cities:

-San Jose

-Seattle

-Denver

-San Francisco

-Colorado Springs

-Phoenix

-Mesa

-Minneapolis

-Albuquerque

-New York

-Boston

-Virginia Beach

-Washington D.C.

-San Diego

-Honolulu

Information sourced from Zillow. Please visit www.erentalservicesinc.com for more useful rental and property management resources.