Smarter To Rent Than Buy!

According to a recent study by Florida Atlantic University, it makes more sense in much of the United States to rent a home than to purchase, including Houston, San Francisco, Miami, Los Angeles and Philadelphia. The study analyzed the costs and benefits of ownership and equity vs renting and investing the savings. The index had favored home ownership over renting from 2010 until now, but was previously in the preferred rental mode from 1999 until 2009. www.floridarealtors.org

Around The Web:Breaking Real Estate News