Trulia’s Rent vs. Buy Index Reveals Trend Towards Homeownership in Four in Five Major U.S. Cities: Ventura Real Estate

by Gary and Lisa Schoeffler on May 7, 2011

in Latest News

We released our Q2 2011 Rent vs. Buy Index today, which found that buying a home has become more affordable than renting in nearly four out of five (80%) major cities since last quarter; only in New York, Fort Worth and Kansas City was renting a less costly option than buying.

trulia-rent-vs-buy-map2

To see the full findings, check out our updated interactive Rent vs. Buy map and slideshow:

As noted in the video, coastal areas don’t always track with other trends. Since Ventura is coastal, this is true to an extent. The video does say that in coastal areas it may make sense to buy if you are able, regardless of the trend. We have seen some amazing deals come on the market in our local Ventura California area.

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Post by Gary and Lisa Schoeffler

Gary and Lisa Schoeffler are Ventura Real Estate Professionals specializing in residential real estate. Their expertise in helping both buyers and sellers is widely recognized in Ventura County. How can they assist you today? Wondering what the market is like? Call them, they will be happy to talk with you about it. 805-320-4472

Gary and Lisa has written 371 articles.

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