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Buying vs. Renting in Henderson and Las Vegas
By Stephen Roberts | July 29, 2009
Many renters are starting to realize that they can easily become home owners for relatively the same, if not at a lower cost than they are currently paying to rent the unit they are living in. Due to the drastic drop in prices in all of real-estate, specifically the Las Vegas and Henderson area, it may make more sense for renters to buy.
For example a renter in Phoenix was spending $615 a month to rent his 600-square-foot apartment and realized that a mortgage payment for a home twice the size was only $760 at the time.
There could not be a better time to take advantage of the real-estate market. If it was ever your goal to be a homeowner in the Henderson or Las Vegas area you need to act now while you can still take advantage of these low prices.
View a complete Buying vs. Renting cost comparison for the Henderson, Las Vegas and Summerlin areas on our website. For all your real-estate needs contact Steve Roberts at 702-739-4392.
Topics: Henderson Nevada Homes, Investment, Las Vegas Nevada Real Estate, Mortgage Rates, Summerlin Nevada Real Estate | No Comments »