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« Connecticut Financing Update and Today's Mortgage Rates 9/17/2012 | Main | In Memory of the Fallen- Observing Patriot Day »
Thursday
Sep132012

Buying a Home in Fairfield County CT is 40 Percent Cheaper Than Renting.

That's according to Chief Economist Jed Kolko at Trulia, where they conducted in-depth research on the matter and compared cost of renting vs. cost of owning in 100 major metro areas.

Trulia based their analysis on asking prices and rents during the summer of 2012, and have found that buying is now 45% cheaper than renting in the 100 largest U.S. metros, on average –  which would equate to a savings of over $770 per month. In Fairfield County, the difference averages $1,172 per month in saviings when you buy instead of rent.

 

We service  most of Fairfield County and would be happy to help you save money by buying a home, and forgetting about those landlords once and for all.

When you buy a home, you can literally save hundreds of dollars a month as opposed to  renting. If you can manage to take advantage of today's low mortgage rates, live in the house for at least seven years, and remember to  itemize your tax deductions. Read the full article from Trulia here.

Buying or Selling a Home in Fairfield County?  Contact us!

Check out our new  FeaturedHomeofTheWeek

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here

www.CThomesAndRealEstate.com      www.TheCTrealtyBlog.com     www.TheCTRB.com    and   www.CTfeaturedHomes.com 

 Email us or  call Toll Free (855) GET-JUDY


 

 

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    Excellent page, Keep up the excellent job. Thank you!

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