A report just came out from Trulia comparing the cost of renting vs owning a home throughout the US. For the Denver CO region, we ranked 13 on the index. 1-15 means it’s a more affordable to buy a home. 16 – 30 means it’s more affordable to rent. Renters – if you have considered purchasing then now is the time. It is now costing you more money every year to rent vs own. If you haven’t considered purchasing, perhaps this will encourage to do so. There are programs available for first time buyers and repeat buyers in Denver / Boulder area where you can still get into a home for as little as $1000. If you want more info or to see if you qualify please give me a shout!
Click the map below to go to see the Rent vs Own Index Report from Trulia.