According to Trulia it is, in 70% of Americas 50 biggest cities.
How could it not be right now? The home prices are fantastic, the interest rates are amazing, the deductions are still there.
Case in point is one of my listings. Cheaper to buy than rent! Amazing. Still challenging to close escrow on something....but if you've got the patience, why the heck rent?
Renting ---- earning equity for the landlord
Owning ---- earning equity for yourself....
Not a hard choice.
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