At our Broker Meeting in PV this week…

Dru showed us her blog post that highlights this really cool graph on the NY times website… 

Is it better to rent or buy? 

Well, that depends on lots!  But a few of the variables this graph takes into consideration are…

          ◊  What’s the cost of the home?

          ◊  How much are you paying for rent?

          ◊  Are homes in the area appreciating or depreciating?  

          ◊  How long do you plan on staying put?

          ◊  Are rents going up or down?

          ◊  What’s the interest rate on your mortgage?

          ◊  How much is your down payment?  

          ◊  How much are the property taxes?

Pass this along to your buyers that are having trouble answering this question for themselves!  

This entry was posted on March 28, 2008 at 1:04 pm and is filed under Interest Rates, Publications, Recommended Article, Technology. Tagged: , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “At our Broker Meeting in PV this week…”

  1. everydayman Says:
    March 28, 2008 at 1:55 pm

    It’s actually the taxes i’m not interested when talking to brokers..

    In our country, I don’t think the tax is going somewhere productive.

    http://3critical.wordpress.com

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