Spend 65% More To Rent

It's actually 35% less expensive to buy a home.

Market Snap Report

In Truilia's latest Rent vs. Buy Report, the numbers demonstrate that home ownership is cheaper than renting throughout the 100 largest U.S. metro areas.

In some areas, it reaches a 55% savings rate with the average savings reaching 35% nationwide. In San Francisco, it is 19% cheaper to buy.

Even though home prices have appreciated, they haven't outpaced rental appreciation. Low interest rates have supported the market. National rates would have to rise 10.6% nationwide before renting becomes cheaper than buying a home. Since rents are expected to increase more in the next year, it makes sense to lock in your housing costs with a home purchase.

So why not contact Skyrise Real Estate Group for the skills and experience necessary for a smooth purchase. Our use of technology and focus on detail helps us to achieve the right solution for you and your family.