Buying A Home Is Less Expensive Than Renting Nationwide

Dated: April 25 2016

Views: 1058

Image title


According to a Nationwide study recently conducted by the folks at Trulia, buying a home vs renting can be MUCH cheaper. Here's Why:

  • Interest rates are at all time lows, so even though home prices have appreciated, they haven't greatly outpaced the growing rental costs most tenants have experienced over the past few years.

  • Nationally, mortgage rates would have to increase over 10% for renting to be cheaper than purchasing a home. An increase that large hasn't happened since 1989.

  • As of September 2015, the cost of buying vs renting in the Tampa Bay area was approximately 42% less than renting!

  • Whether you're renting or buying, you'll be paying off someone's mortgage- shouldn't it be yours instead of a landlord's?


Not sure what you can afford or where to start? Call or email us at Sandy Hartmann & Associates today. We're always here to help. We have a vast network of lenders that work with our clients to help them afford the right home. We're here when you're ready. 


Blog author image

Gabriele Spinuso

Gabe has been a resident of Seminole and the surrounding Gulf Beaches his entire life. His vast market knowledge of many of the trendiest Downtown and Beach subdivisions in Pinellas County is simply u....

Want to Advertise on this Site?

Latest Blog Posts

Learn More About The Surfside Towers Condominium In Madeira Beach FL

Learn More About The Surfside Towers Condominium in Madeira BeachLooking for the perfect condo on the beach to call home? Or a beachfront investment property you can generate income from?

Read More

Dont Sell A Home On Your Own Just Because Its A Sellers Market

Don’t Sell a Home on Your Own Just Because It’s a Sellers’ MarketIn a sellers’ market, some homeowners might be tempted to try to sell their home on their own (known as 

Read More

Luxury 4 Bedroom Home For Sale In Seminole

Luxury 4-Bedroom Home For Sale in Seminole, Florida7100 131st Street, Seminole, Florida 33776Offered by The Sandy Hartmann Group for $1,200,000LIVE JUST MINUTES FROM THE BEACH IN THIS STUNNING,

Read More

Find Out How Much Money You Can Save Listing Your Home By Owner In Pinellas County Florida

Find Out How Much Money You Can Save Selling Your Home 'By Owner' in Pinellas CountyThis is a question many homeowners have been asking themselves in our HOT real estate market...and a

Read More