Buying a home cheaper than renting, but the gap narrows

Young professionals are better off buying a home than renting one, but it’s not nearly the deal it was three years ago.

Buying is 44 percent cheaper than renting in Broward County, according to Trulia.com, a real estate website. That’s tied with Syracuse, N.Y., for the nation’s third-highest difference, after Houston (46 percent) and Baton Rouge, La. (45).

In 2012, with home prices rebounding from the bottom, buying beat renting in Broward by 56 percent.

Read more…

http://www.sun-sentinel.com/business/realestate/fl-trulia-buy-versus-rent-20151020-story.html

http://www.RSF-TRUST.com
#RealtyServicesFlorida
#JeanDeglon

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