Phoenix, AZ is one of the Top Five metro areas that favors home ownership versus renting, according to website Trulia. Currently, buying a home in the Phoenix area makes more financial sense than renting.
Because of the principles of supply and demand, renting has become more expensive than buying in our market.
What are the other Top 4 Metro areas where it is cheaper to Buy than Rent?
Miami, Las Vegas, Arlington,TX, and Mesa,AZ.
What do they all have in common? Lots of Sunshine!
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