Buying Beats Renting in 22 Major U.S. Cities

Affordability, Anne Arundel County, Arlington County, Fairfax County, For Buyers, Home Prices, Howard County, Inventory, Montgomery County, Mortgage Rates, Prince Georges County, Prince William County, Stafford County /

That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of […]

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