{"id":1767,"date":"2017-03-10T00:00:00","date_gmt":"2017-03-10T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/buy-vs-rent-index-says-buy\/"},"modified":"2017-03-10T00:00:00","modified_gmt":"2017-03-10T00:00:00","slug":"buy-vs-rent-index-says-buy","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/buy-vs-rent-index-says-buy\/","title":{"rendered":"Buy vs. Rent Index Says \u2018Buy\u2019"},"content":{"rendered":"

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The escalating costs of renting are making it a better time to purchase a home in most cities across the country, according to the Florida Atlantic University and Florida International University\u2019s Buy vs. Rent Index.\u00a0<\/p>\n

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Read more<\/strong>: Consumers Will Compromise to Buy Homes<\/span><\/p>\n<\/blockquote>\n

“This is great news for homeownership and the financial returns to ownership,” says Ken Johnson, a real estate<\/a> economist and one of the index’s authors. “We are not where we were in 2012, when nearly any purchase was a sound financial decision. However, overall, we are now in a situation where aggressive marketing from sellers combined with due diligence and sound negotiation from buyers is creating a housing<\/a> market that’s more in line with what we’ve seen historically.\u201d<\/p>\n

Fifteen of the 23 cities in the Buy vs. Rent Index are solidly in \u201cbuy\u201d territory. Another five are only marginally in rent territory, the authors note. But, three cities were flagged in the latest report.\u00a0<\/p>\n

“The scores for Dallas, Denver, and Houston have worried us for some time now,” says Eli Beracha, co-author of the index. “The last time we saw scores of this magnitude, housing market crashes soon followed.”<\/p>\n

Source: \u201cBuy vs. Rent Index Stable, Except Where It\u2019s Not,\u201d BUILDER (March 9, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n

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The escalating costs of renting are making it a better time to purchase a home in … Buy vs. Rent Index Says \u2018Buy\u2019<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1768,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[1403,15239,12908,543,627,344,1004,1007,41,818,84,645,15282,61],"class_list":["post-1767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-chase","tag-home","tag-home-buying-guide","tag-homeowners","tag-housing","tag-marketing","tag-owners","tag-property","tag-real","tag-real-estate","tag-renting","tag-ross","tag-seller"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/c2HVL718sCM","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1942,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-is-realigning-with-historic-trends\/","url_meta":{"origin":1767,"position":0},"title":"Housing Is Realigning With Historic Trends","author":"Amazing Property","date":"March 13, 2017","format":false,"excerpt":"Do your agents know how to answer the buy-versus-rent question from clients? Essentially, what people are asking is what\u2019s the best way to accumulate wealth, says Ken Johnson, a real estate economist, associate dean of graduate programs, and professor at Florida Atlantic University College of Business. \u201cHistorically, housing has won,\u201d\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6425,"url":"https:\/\/amazingproperty.com.ng\/blog\/buy-vs-rent-index-still-leans-toward-buy\/","url_meta":{"origin":1767,"position":1},"title":"Buy vs. Rent Index Still Leans Toward Buy","author":"Amazing Property","date":"September 26, 2017","format":false,"excerpt":"Which is better for your clients: accumulating wealth through home equity or renting and investing their savings? That\u2019s the fundamental question that the quarterly\u00a0Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index aims to answer. After examining 23 of the country\u2019s largest metro areas in the second quarter, home buying\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"united-states.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/united-states.jpg?fit=578%2C370&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/united-states.jpg?fit=578%2C370&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/09\/united-states.jpg?fit=578%2C370&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3912,"url":"https:\/\/amazingproperty.com.ng\/blog\/buy-vs-rent-the-top-rated-college-towns\/","url_meta":{"origin":1767,"position":2},"title":"Buy vs. Rent? The Top-Rated College Towns","author":"Amazing Property","date":"April 27, 2017","format":false,"excerpt":"Baltimore, home to Johns Hopkins University, ranks as the top college town housing market where buying makes more financial sense than renting, according to a new analysis by realtor.com\u00ae. In Baltimore, the average monthly homeownership cost of $775 is more affordable than the average $1,443 monthly cost of renting. Read\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7779,"url":"https:\/\/amazingproperty.com.ng\/blog\/buying-better-than-renting-in-54-of-markets\/","url_meta":{"origin":1767,"position":3},"title":"Buying Better Than Renting in 54% of Markets","author":"Amazing Property","date":"January 12, 2018","format":false,"excerpt":"Despite rising prices, buying a home makes more sense than paying increasingly high rents in more than half of the U.S. Buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447\u2014or 54 percent\u2014of U.S. counties analyzed, according to a new report released by ATTOM\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"1 Rss.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1_rss.png?fit=599%2C586&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2445,"url":"https:\/\/amazingproperty.com.ng\/blog\/renters-now-dominate-in-half-of-cities\/","url_meta":{"origin":1767,"position":4},"title":"Renters Now Dominate in Half of Cities","author":"Amazing Property","date":"March 24, 2017","format":false,"excerpt":"Fifty-two of the 100 largest U.S. cities were majority renter in 2015, according to U.S. Census Bureau data. Since 2009, 21 cities had shifted to renter-rule. Renters now dominate in both hot housing markets such as Denver and San Diego and more tame markets like Detroit and Baltimore. Read more:\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5486,"url":"https:\/\/amazingproperty.com.ng\/blog\/rent-vs-own-the-best-option-in-each-state\/","url_meta":{"origin":1767,"position":5},"title":"Rent vs. Own? The Best Option in Each State","author":"Amazing Property","date":"July 26, 2017","format":false,"excerpt":"Home prices may be on the rise across the country, but you\u2019re still better off buying a home in most states in the U.S. than renting one. 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