Are you wondering if it’s more expensive to own a Santa Clarita home than it is to rent one? Buy vs Rent? I get this question all the time. Thanks to Trulia.com and their wodnerful Rent vs. Buy calculator, you can take a look at the numbers yourself. They say that in the Los Angeles Metro area that it’s 28% more expensive to rent than it is to own a home. Go figure! They calculate many items such as rental amount, renters insurance, lost opportunity due to renting (not receiving benefit of owning a home and appreciation)… and they compare to the costs of owning a home, such as property taxes, insurance, loan interest, etc.
I plugged in a few common examples for the Santa Clarita Valley… find out what I saw when comparing the cost of renting a home in Santa Clarita vs buying a home in Santa Clarita. Thinking about buying a home in Santa Clarita this year? ASK Robert! You can call me @ 661-373-2374 or just make contact with me through the website.