The Rent vs. Buy Debate
There is a lot of information in the press these days about home purchasing. To give you a jump start, we are gathering together the links that we believe will be helpful in evaluating whether it is the right time for you to purchase a home. This page is currently under construction.
First, the House and Senate have extended the first time home buyer credit until April 2010. This means you can receive a credit for up to $8,000 if you qualify for the program.
Additional information can be found by following these links:
The 6% Rule of Thumb: http://www.myapartmentmap.com/blog/Rental-Costs/rent-or-buy-economists-formula/