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Cashman Partners - Russ Lyon Sotheby's

Team Leader Sally Cashman 602-339-2680

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Cheaper to Buy vs. Rent? How does the Phoenix Area Rate?

By Sally Cashman

For those of you in the Phoenix area who are still on the fence about whether to buy or rent a property, read this article from Forbes. There is so much dialogue about the “Millenials” who are forsaking home ownership for lack of affordability, lifestyle preferences and other criteria. This might be an interesting counterbalance! In general across the US, buying is on average 38% cheaper than renting. In our Phoenix market, buyers will save 33% when choosing to purchase a home instead of renting. This is compelling.

TRULIA RENT VS. BUY

Filed Under: Arizona Homes, Client Help, Community, Home Rental Market, Properties, Real Estate Market Updates, Trends & Style, Uncategorized

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Recent Posts

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Cashman Partners Blog Posts

  • Cashman Partners Phoenix Area Real Estate Market Observation | November 2020
  • Our Sotheby’s Friends Around the World | October 2020
  • Arizona Restaurant Week is Almost Here!
  • Scottsdale Land Alert! 2.5 Acres of Pristine Desert for Sale
  • The Power of Unrivaled Marketing in the Sale of your Home

Contact Us

Direct: 602.339.2680
Fax: 480.794.1935
sally.cashman@russlyon.com
Russ Lyon Sotheby's Int'l Realty
7669 E Pinnacle Peak Rd, Suite 110
Scottsdale, AZ 85255

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