Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What's YOUR Personal Breakeven Point? Renting VS Buying
What's YOUR Personal Breakeven Point?
Renting VS Buying
 
      Do a Google Search.  Type in "home buying fears".  See all the pages of articles that pop-up addressing the topic and the many reasons you should or should not be fearful ... 
      Home evaluation is often mentioned within the context of both pro and con arguments found.  Rightfully so. Both present and future home value trends are vitally important.  
      Those thinking of buying a home now or soon need to educate themselves fully on 2 things in particular, though ...
The speed in which home values have risen (historically and recently) in the area in which they hope to buy Projections for those home values in the future
      For those trying to decide which serves their interests better (Buy VS Rent), finding the "breakeven point" (often referred to as the "tipping point") of a purchase is instrumental to making a sound financial decision.  
     What is the "breakeven point"?  The "breakeven point" is that point (typically stated in years) at which the cost of buying a home becomes less costly than renting that same property. 
     What's taken into consideration and compared when calculating the "breakeven point"?  Included are:
Down payment/other upfront payments Monthly rental ... more

__________________________________________________
Are you on The Rain? Grow Your Network!