It's never easy to time the market (especially the housing market) but data released this week by Realtor.com suggests that buying a starter home now costs less per month than renting a similar-sized unit in 24 of the 50 largest US metros, according to the Realtor.com Monthly Rental Report.
Realtor.com's July monthly survey suggests this is the time to buy a starter home rather than rent in many markets.
As singles and families consider employment and lifestyle choices that continue to show flexibility in the "work from home" and "work from anywhere" environment, as well as national health situations, consumers are seeing a competitive balance in the age-old "rent vs. buy" debate lean toward starter homes.
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