tolleson: Buying a Home Is Cheaper than Renting, Avondale, Buckeye, Goodyear - 04/12/13 03:04 AM
 
Buying a Home Is Cheaper than Renting
 
Buying a home is 44% cheaper than renting in America’s 100 largest metro areas, according to a recent study by Trulia.
 
The savings accrued when buying as opposed to renting varied upon location. Buying is less than half the cost of renting in 46 of the 100 largest metros. The lower saving rates were in California and New York and the highest were in the Midwest. The savings varied from 19% in San Francisco to 70% in Detroit.
 
Those areas with a higher savings rate include Memphis (62%), Kansas City … (1 comments)