Is it better to buy a home or rent?

April 18, 2015 11:04 AM

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Spring – a time for fresh starts and, for some, a new home. Before you head out to open houses, your first question should be: Should I own a home at this time? Your second: Or should I remain a renter?

Finding your first home is enormously gratifying, but funding it can be daunting. Yes, buying a home has its advantages. The government rewards home ownership with favorable tax treatments. You get to build up equity that is yours to keep. And if you're lucky, the value may increase (don't bank on i...

Also read: Silicon Valley tiny house on sale for $2.6 million

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