NYSAR News

Latest News

Study finds buying is cheaper than renting in most places

Apr 13, 2015
Many renters would be better off buying a home than continuing to pay steep rental costs, according to a new study by RealtyTrac. Its Residential Rental Property Analysis found that the monthly payment on a median-priced home is more affordable than the monthly fair market rent on a three-bedroom property in 76 percent of U.S. counties.
 
Of the 461 counties analyzed, 351 had house payments on a median-priced home in the first quarter of this year that were lower than fair market rents on a three-bedroom home. Click here to learn more.
Featured Content

NYS home sales reach second highest February total

Winter 2017 home sales remained strong during February with the 7,391 closings representing the second highest total for the month. The February statewide median sales price of $242,000 represents an increase of 4.3 percent from a year ago. Click here to read more.

NYSAR News