Buying a Home in the Bay Area Is Still Cheaper Than Renting
Bay Area, Buying a Home in the Bay Area, declining mortgage rates, fixed-rate mortgage, homebuyers, low mortgage rates, mortgage rates, US Housing Analysis and Forecast
Date
Home prices grew slightly faster than rents across the country over the past year, but purchasing a property remains the less-expensive option, thanks in part to low mortgage rates. That’s true even here in