This interesting new report from trulia.com shows how much cheaper it is to own than to rent in the top 100 largest cities in the US. The average is 45% less expensive to purchase a home than to rent. As usual, Denver is setting a better pace than this. It is now 56% cheaper to purchase a home than to rent in Denver. We have been writing reports like this one and sounding the trumpet to advise Denverites to jump on the purchasing bandwagon now while the interests rates have been as low as 3.50% recently for a 30 year fixed mortgage. If you qualify, there are some programs available now to get into a home for $1000 down payment. Some HUD Forclosures are available for $100 down for a limited time. Contact me to discuss this and see what your options are at this time.
Robert McGuire – 303-669-1246 My Profile