“Should you rent or buy a home? Depends on where you live. To help make the decision simpler, RealtyTrac crunched the numbers and created an interactive map of the rent/buy fault lines across America. Baltimore has the most advantageous market in the U.S. for home buyers, with a net difference of $1,160 between renting and buying. Rents there average $1,599, but the average monthly mortgage payment is just $439, based on a median sales price of $85,000. The San Francisco Bay Area’s six counties, (Alameda, Contra Costa, San Francisco, Santa Clara and San Mateo) all were in the nation’s top 10 most expensive to rent, averaging more than $2,400 a month.”
http://www.marketwatch.com/story/rent-or-buy-this-map-has-the-answer-2014-04-18
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