Facebook Twitter Instagram
    Trending
    • America’s 10 Most Affordable Golf Towns
    • Zumper’s National Rent Report for May ’23
    • NMHC & NAA Statement on Recent Supreme Court WOTUS Ruling
    • Boost Short-Term Rental Revenue by Upselling Amenities to Guests
    • Large Southern Cities Lead Nation in Growth
    • Single-Family Built-for-Rent Construction Cools
    • Pending Home Sales Unchanged in April
    • New Home Sales 4.1% in April
    Twitter
    Real Estate Investing Today
    • Home
    • RE Journal
    • ROI Magazine
    • National REIA
      • National REIA
      • Find a REIA near you!
    • Podcasts
    • Housing Data
    • Contact Us
    Real Estate Investing Today
    You are at:Home»Market Trends»Buying More Affordable vs Renting in 58% of U.S. Markets According to Report

    Buying More Affordable vs Renting in 58% of U.S. Markets According to Report

    0
    By Brad Beckett on December 28, 2015 Market Trends

    Real estate data powerhouse RealtyTrac recently released its 2016 Rental Affordability Analysis that suggests buying a home is more affordable that renting in 58% of US markets.  The report also says that the rise in rents is outpacing wage growth in 57% of the same markets.

    “Renters in 2016 will be caught between a bit of a rock and a hard place, with rents becoming less affordable as they rise faster than wages, but home prices rising even faster than rents,” said Daren Blomquist, vice president at RealtyTrac. “In markets where home prices are still relatively affordable, 2016 may be a good time for some renters to take the plunge into homeownership before rising prices and possibly rising interest rates make it increasingly tougher to afford to buy a home.”

    RealtyTrac chart

     

    Click here to read the full report on RealtyTrac.

    Share this:

    • Click to email a link to a friend (Opens in new window)
    • Click to print (Opens in new window)
    • Click to share on Twitter (Opens in new window)
    • Click to share on Facebook (Opens in new window)
    • Click to share on LinkedIn (Opens in new window)
    • Click to share on Pinterest (Opens in new window)
    • Click to share on Reddit (Opens in new window)

    Related

    Brad Beckett
    • Website
    • Facebook
    • Twitter

    Director of Education & Outreach, National Real Estate Investors Association

    Related Posts

    America’s 10 Most Affordable Golf Towns

    Zumper’s National Rent Report for May ’23

    NMHC & NAA Statement on Recent Supreme Court WOTUS Ruling

    Leave A Reply

    Emergency Rental Assistance
    Action Alert HR 5013 – Seller Finance
    https://youtu.be/WP-IAtGnPsQ

    Click here to visit the National REIA Legislative Action Center.

    Stay Informed!

    Simply enter your email address in the space below to receive our latest posts right in your mailbox! It's FREE!

    Join 877 other subscribers
    Podcasts
    podcasts
    Survey of the Quarter:
    • Most Recent Posts
    June 1, 2023

    America’s 10 Most Affordable Golf Towns

    June 1, 2023

    Zumper’s National Rent Report for May ’23

    May 31, 2023

    NMHC & NAA Statement on Recent Supreme Court WOTUS Ruling

    May 31, 2023

    Boost Short-Term Rental Revenue by Upselling Amenities to Guests

    Benefits of Joining National REIA
    Click here to find a REIA!
    The Latest issue of the RE Journal
    Follow us on Twitter: @REI2Day
    My Tweets
    Keyword Search
    Real Estate Investing Today
    National Real Estate Investors Association
    2755 Mansion Place
    Crestview Hills, KY 41017
    888-762-7342
    www.NationalREIA.org
    Top 100 Real Estate Investing Blogs & Websites on the Web
    Categories
    About Real Estate Investing Today

    Real Estate Investing Today is the news aggregation site for the National Real Estate Investors Association (NREIA) and features news & industry updates to help investors stay informed. Learn more at www.NationalREIA.org

    Media Inquiries

    Media Inquiries Click here

    Copyright 2023 Real Estate Investing Today

    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology
    Copyright 2022 Real Estate Investing Today
    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology

    Type above and press Enter to search. Press Esc to cancel.