Tag: Renting

  • Buying Beats Renting

    Phoenix, Arizona is 49% cheaper to live in if you own your own home versus renting according to a new study published by online property listing site Trulia. I’m not going to dig into all the methodology behind the published study. As you can imagine there are many many variables that lead to what it […]

  • Why People Buy A House

    The housing market over the last 7 or 8 years has left everyone a little exhausted. Crazy gains where if you didn’t put an offer in today you were worried prices would sky rocket tomorrow. From that to meltdown. One of the things that has happened is people are so bitten by the stories that […]

  • Scottsdale: Buying vs Renting

    I was just looking in the Multiple Listing Service to find out some of the options out there for buying a home in Scottsdale versus renting. There are 1,761 single family homes fully active for sale in Scottsdale currently. For rent the number is only 457. So choice is definitely lower for renters. Renting in […]

  • Phoenix Metro Area Real Estate Internet Search

    So you might of heard that 74% of people use the Internet in their home search. That’s an old number and hard to believe it’s not closer to 95% by now. So everybody is online searching for homes to live in but what market dynamics can we draw from this. Luckily Google shares some of […]

  • Luxury Rentals in Scottsdale and Paradise Valley

    The rental market in Scottsdale and Paradise Valley is on fire recently. In part because many of the people who were foreclosed on or short sold their home after the market correction from 2006 need somewhere to live. Getting a mortgage again for them is either extremely difficult or impossible. Many are well qualified renters, […]

  • Buying Cheaper Than Renting

    CNN is reporting again that in the current market buying a home in most US cities is cheaper than renting an equivalent property. In addition to a continuing decline in home prices, rock-bottom interest rates have added a lot of weight to the buy side of the scale. The overnight average rate for a 30-year fixed was […]