Buying vs Renting

My amazing manager at Comey sent out a great email last night pertaining to renting vs buying:

KAREN'S TIP:  The Buying Tipping Point

I’ve been saying it for 3.5 years…it is an incredible time to buy…today is even more reason… Rate on 30-year mortgage falls to record 4.09 percent…lowest rate since 1951 when

Average Cost Of New House.... $9.000

Average Wages Per Year.......... $3,510

Cost Of A Gallon Of Gas.......... 19 Cents

Average Cost Of A New Car...... $1,500

Loaf Of Bread.......................... 16 Cents

LB Of Hamburger Meat............. 50 Cents

Bacon Per LB........................... 52 Cents

Eggs Per Dozen....................... 24 Cents

The average cost of a home today in the Greater Cincinnati area?  $167,925  What does this mean to a prospective buyer who is currently renting?  The GinnieMae Buying vs. Renting calculator says…

INTERESTING INDEED

Let me know if I can help you in anyway!