It's Better to Buy than Rent in Austin

Stop Paying Rent!
It's More Affordable To Buy Than Rent in Austin......

The Austin Area has many Affordable Homes that you can buy & start building for your future in your own home. Plus, there are many financing programs available for First Time Home Buyers and for Teachers/Educators and and people who have jobs such as EMS Professionals, Firemen, and Policemen. Don't let this great Buying Opportunity Pass you Buy - give us a call and get Pre-Qualified by one of our Lender Partners and we'll help you on the path to Home Ownership.....You could be spending the Holidays this year in your own home!

It's more affordable to buy than to rent in Austin (see below) according to data compiled by the National Low Income Housing Coalition. The study states that an average three-bedroom rental costs higher than the cost of a 6-percent interest rate loan for a typical low-priced house, per the just-released report. What that means to people renting two-bedroom apartments is that you would be better off buying a low-priced home rather than renting an apartment.

These are the top 10 markets where it makes sense to buy rather than rent. The full list of 66 markets is available at MSN.com.
1. McAllen-Edinburg-Mission , Texas
2. San Antonio , Texas
3. New Orleans -Metairie- Kenner , La.
4. Houston-Sugar Land-Baytown , Texas
5. Dallas - Fort Worth-Arlington , Texas
6. Rochester , N.Y.
7. Syracuse , N.Y.
8. Buffalo-Niagara Falls , N.Y.
9. Jackson , Miss.
10. Austin-Round Rock, Texas

Source: MSN Real Estate, Marilyn Lewis (09/15/2008)


--Sue Ellett