Spring is just around the corner and now you’re wondering should I buy a home this year or continue to rent? Every 6 months Trulia crunches the numbers in metro areas across the country to determine which is the best option. And what does it say? Nationwide it is 38% cheaper to BUY a home vs renting one. That is an incredibly high figure and your probably wondering what does that mean for us in St. Louis?
Glad you asked! To help with this process there is a fantastic calculator on Trulia’s website to help answer that question. For the most part, in St. Louis it is 10% cheaper (on the low-end) to buy a home. So what are you waiting for, let’s get out there and find your next home!