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Updated almost 16 years ago on . Most recent reply
Rich WeesePoster
#2 Off Topic Contributor
#2 Off Topic Contributor
- Real Estate Investor
- the villages, FL
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all you 20 somethings---TIME TO BUY!!!!!!
Rich WeesePoster#2 Off Topic Contributor
#2 Off Topic Contributor
- Real Estate Investor
- the villages, FL
http://www.msnbc.msn.com/id/32051101/ns/business-real_estate/
This is courtesy of Marcus and Millichap. Good article. Three years ago, you there was a difference on the median price home to buy compared to renting the same median price home of $777 per month. In the last 3 years, the amount has dropped to $221. That is really significant. With the lower rates to buy and the higher rents to pay due to less inventory, it only makes sense to buy. Add in the tax benefits from owning and possible appreciation over time, and every young poster on here should try to do it. Read the article and get excited. Is there anyone on here tonight? BUY BUY BUY!!!! Rich.