Well, it’s a complicated question that involves a lot of different factors.
The current housing market has some people wondering if purchasing a home is the best option. In fact, vacancy is low, rent is high, and depending on where you live, renting can actually be the better option.
But it depends on a couple of important factors, so before you make a decision about renting or buying, crunch some numbers.
Use the “Rent vs Buy” option in the calculator tool to the right to assess your best option.