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Renting vs. owning, state by state

With mortgage rates at or nearing record lows, owning a house is becoming more and more in reach to renters. GoBankingRates.com analyzed median rent prices and median home prices for single-family homes in all 50 states to determine the best places to own rather than rent, and vice versa … Powered by WPeMatico

Existing-home sales jumped in June — thanks to first-time buyers

There’s finally some good news on the first-time homebuyer front: The share of first-time buyers purchasing homes in June 2016 was the highest recorded since July 2012, according to the National Association of Realtors’ Existing-Home Sales report. In June, 33 percent of all home buyers were first-time buyers. This is up from 30 percent in …

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