If you're a qualified buyer and thinking of renting in Jacksonville, you may want to reevaluate. According to Truila.com, a San Francisco-based real estate website, Jacksonville is one of the top cities in the country to consider buying over renting.
SAN FRANCISCO, January 24, 2011 Trulia.com (www.trulia.com), a top site for homebuyers, sellers and renters, today released its latest Rent vs. Buy Index which found that it is more affordable to buy than to rent a two-bedroom home in 72 percent of Americas 50 largest cities. Meanwhile, a nation of renters has emerged as more Americans rent by choice or due to unforeseen financial difficulties. In contrast to this nationwide trend, renting is only less expensive than buying in four of the cities included in this study namely New York, Seattle, Kansas City and San Francisco.
Top 10 Cities to Buy vs. Rent (Q1 2011)
2. Las Vegas
3. Arlington, TX
8. San Antonio
10. El Paso
Trulia.com is the fastest growing online real estate site focused on empowering buyers, seller and renters with smarter tools to help you find the right home. Trulia is headquartered in downtown San Francisco and is backed by Accel Partners and Sequoia Capital. Trulia is focused on helping you find the home that truly meets your needs, and delivers on whats most important for you. Ultimately, we built a smart real estate search experience bringing together local information, community insights, market data and national listings all in one place.
Full article: http://info.trulia.com/index.php?s=43&item=113