Drumroll please! The statistics have spoken! According to ACBJ, it is better to BUY than it is to RENT in the Tampa Bay area. According to their comparison between median rent prices to monthly mortgage payments in 155 zip codes, only 3 zip codes were better to rent in than to buy in.
Do yourself a favor and get pre-approved to buy a home and pay down your mortgage to create your own equity rather than your landlords.
To view the article and the list of zip codes, click here. Information courtesy of Tampa Bay Business Journal.
