From the Wall Street Journal:
In Atlanta, Chicago, Detroit, Jacksonville, Las Vegas, Miami, Minneapolis, Orlando, Phoenix, and St. Louis you would have a lower montly payment on a median priced house if you purchased a home compared with renting. Portland did not make the list, but many of my first time hombuyers in Vancouver lowered their monthly payment when they purchased a home.
When deciding whether or not to buy a house, one thing many people overlook is that while rents will continue to rise along with inflation, your mortgage payment is "inflation-proof" and will remain constant.
If you are thinking about buying a home, call me today and let me help you find your new home!
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