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.
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