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San Diego Real Estate News – Rent or Buy Your Home?

ADDED April 20, 2010 0 COMMENTS
Rent or Buy

Wondering whether to rent or buy a home?

It’s an age old question. Is it better to RENT, or better to BUY? Let’s do some very simple analysis, and in later posts we’ll learn more about why buying a home makes sense much of the time, while renting a house is likewise a good move from time to time. Check out the chart below…….

Rent or Buy a Home

Rent verus Buy a Home?

CLICK ON THE CHART TO MAKE IT EASIER TO READ

If you’re currently renting, and your rent is $1500 a month, then you can look at the chart and see that if you paid $1610 a month for a mortgage payment you could qualify for a $300,000 loan at 5% interest (the current rate). Used to be in San Diego that $300,000 wouldn’t buy you much, but that has changed!!

Consider the other opportunities that come with owning a home, and the least you should do is take some time to contact us about seeing if this really makes sense for you.

Showing properties 1 - 15 of 500+. See more city of San Diego real estate.
(all data current as of 5/22/2012)

  1. 8 beds, 8 full, 1 part baths
    Home size: 5,900 sq ft
    Lot size: 4,320 sqft
    Year built: 2008
    Parking spots: 7
    Days on market: 258
  2. 5 beds, 5 full, 1 part baths
    Home size: 6,769 sq ft
    Year built: 1912
    Days on market: 279
  3. 7 beds, 8 full, 1 part baths
    Home size: 11,998 sq ft
    Lot size: 43,560 sqft
    Year built: 2006
    Days on market: 365
  4. 7 beds, 10 full baths
    Home size: 15,000 sq ft
    Year built: 1964
    Days on market: 21
  5. 5 beds, 5 full, 1 part baths
    Home size: 11,995 sq ft
    Year built: 2003
    Parking spots: 12
    Days on market: 38
  6. 6 beds, 6 full, 2 part baths
    Home size: 11,144 sq ft
    Year built: 2004
    Days on market: 375
  7. 6 beds, 6 full, 1 part baths
    Home size: 10,946 sq ft
    Lot size: 1.50 ac
    Year built: 2006
    Days on market: 27
  8. 7 beds, 8 full, 1 part baths
    Home size: 11,207 sq ft
    Year built: 2003
    Parking spots: 12
    Days on market: 308
  9. 6 beds, 9 full, 1 part baths
    Home size: 8,085 sq ft
    Lot size: 2.25 ac
    Year built: 1928
    Days on market: 48
  10. 5 beds, 4 full baths
    Home size: 3,029 sq ft
    Lot size: 4,321 sqft
    Year built: 1976
    Parking spots: 5
    Days on market: 79
  11. 6 beds, 7 full baths
    Home size: 10,106 sq ft
    Lot size: 39,204 sqft
    Year built: 2002
    Days on market: 85
  12. 5 beds, 6 full, 2 part baths
    Home size: 10,336 sq ft
    Year built: 2004
    Days on market: 291
  13. 2 beds, 2 full, 1 part baths
    Home size: 3,600 sq ft
    Lot size: 2,500 sqft
    Year built: 1882
    Days on market: 35
  14. 6 beds, 8 full, 1 part baths
    Home size: 11,400 sq ft
    Lot size: 26,136 sqft
    Year built: 2010
    Parking spots: 8
    Days on market: 118
  15. 3 beds, 3 full, 2 part baths
    Home size: 4,170 sq ft
    Year built: 1992
    Parking spots: 5
    Days on market: 69

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Related posts:

  1. San Diego Real Estate News – Housing Market
  2. San Diego Real Estate News – SD County Home Prices
  3. San Diego Real Estate News – Home Affortability
  4. San Diego Real Estate News – Where will homebuyers come from?
  5. San Diego Real Estate News – How Jobs Affect Housing Prices

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©Copyright 2012 SANDICOR MLS. All Rights Reserved. The multiple listing data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the SANDICOR MLS. Real estate listings held by brokerage firms other than this one are marked with the Broker Reciprocity logo. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals.The data relating to real estate properties on this website was last updated as recently as 5/22/12 9:57 AM PDT.

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