We had to share this article with you, Call Toni Fans!
According to Forbes Magazine and the Chief Economist of Trulia, Jed Kolko buying a home is actually cheaper than renting in all of the nation’s 100 largest metros — by an average of 45%.
The reason for this phenomenon? In a nutshell, record low mortgage rates, home prices still down, and falling inventory in the rental market.
Check it out for yourself: http://www.forbes.com/sites/trulia/2012/09/13/buying-a-home-is-45-cheaper-than-renting/