Is it better to rent or buy?

Economists with The New York Times have created a calculator that can help you determine if it’s better for you to rent vs. buy. The calculator takes the most important costs associated with buying a house and computes the equivalent monthly rent. In addition to including some of the most common expenses of owning and renting, it takes into account “opportunity cost,” “time value of money,” and taxes. Give me a call if you want to discuss current market conditions and any of these concepts!