Buying a Los Angeles Home Remains 35% Less Expensive than Renting!

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States, including Los Angeles.

The updated numbers actually show that the range is from an average of 16% in Honolulu, Hawaii, all the way to 55% in Sarasota, Florida, and 35% Nationwide.  Ownership in Los Angeles is also around 35% cheaper than renting!

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Corey Chambers, REALTOR®
(213) 880-9910
www.HomeSoldForSure.com

Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.