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To Buy or to Rent - That is the Question

Posted By Wally Reule @ Mar 10th 2014 7:12pm In: Sedona Real Estate Market News

There has recently been quite a bit of press regarding shifting opinions on home ownership. Pundits are questioning whether the recent challenges that many homeowners have faced will sour the American dream of owning a home. Of course, there are many factors to consider, but if it becomes a financial decision, buying a home is the clear winner! How do we know that? Every six months Trulia's chief economist runs the numbers to answer just that question. And according to the latest data, assuming a 30 year mortgage fixed at 4.5% interest, buying is cheaper in all of the 100 largest metro areas by an average of 38%. So if you're ready to get off the fence and buy a home in Sedona, we're here to help.

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