[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fu2r8rdqn4wcb":3,"$ffeh0925h8cuz":42,"$fbwk2pqjjqsc7":46},{"item":4,"previous":30,"next":36},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":9,"isInfographic":14,"categories":15,"isVideo":14,"videoThumbnail":9,"videoSource":9,"publishedAt":28,"updatedAt":29},1004,"buying-a-home-is-more-affordable-than-renting-in-54-of-us-counties","Buying A Home Is More Affordable Than Renting In 54% Of US Counties","According to \u003Cem>ATTOM Data Solutions’ \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fwww.attomdata.com\u002Fnews\u002Faffordability\u002F2018-rental-affordability-report\u002F\">\u003Cem>2018 Rental Affordability Report\u003C\u002Fem>\u003C\u002Fa>\u003Cem>, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”\u003C\u002Fem>","","blog","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F01\u002F18153640\u002F20180122-Share-STM.jpg","According to \u003Cem>ATTOM Data Solutions’ \u003C\u002Fem>\u003Ca href=\"https:\u002F\u002Fwww.attomdata.com\u002Fnews\u002Faffordability\u002F2018-rental-affordability-report\u002F\">\u003Cem>2018 Rental Affordability Report\u003C\u002Fem>\u003C\u002Fa>\u003Cem>, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”\u003C\u002Fem>\u003C!--more-->\r\n\r\nFor the report, \u003Cem>ATTOM Data Solutions \u003C\u002Fem>compared recently released fair market rent data from the \u003Cem>Department of Housing and Urban Development \u003C\u002Fem>with reported income amounts from the \u003Cem>Department of Labor and Statistics \u003C\u002Fem>to determine the percentage of income that a family would have to spend on their monthly housing cost (rent or mortgage payments).\r\n\r\nDaren Blomquist, \u003Cem>Senior Vice President\u003C\u002Fem> of \u003Cem>ATTOM Data Solutions \u003C\u002Fem>had this to say:\r\n\u003Cblockquote>\u003Cem>“Although buying is still more affordable than renting in the majority of U.S. housing markets, the majority is shrinking as home price appreciation continues to outpace rental growth in most areas.”\u003C\u002Fem>\u003C\u002Fblockquote>\r\nHowever, the report also shows that the average fair market \u003Cstrong>rent rose faster than average weekly wages in 60% of the counties\u003C\u002Fstrong> analyzed in the report (266 of 447 counties). With rents rising, many renters should consider buying a home soon.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\nRents will continue to rise, and mortgage interest rates are still at historic lows. Before you sign or renew your next lease, let’s get together to help you determine if you are able to buy a home of your own and lock in your monthly housing expense.","\r\nRents will continue to rise, and mortgage interest rates are still at historic lows. Before you sign or renew your next lease, let’s get together to help you determine if you are able to buy a home of your own and lock in your monthly housing expense.",false,[16,20,24],{"id":17,"name":18,"slug":19},5,"For Buyers","buyers",{"id":21,"name":22,"slug":23},11,"First-Time Buyers","first-time-buyers",{"id":25,"name":26,"slug":27},53,"Rent vs. Buy","rent-vs-buy","2018-01-22T10:00:21Z","2018-01-18T16:34:07Z",{"id":31,"slug":32,"title":33,"featuredImage":34,"publishedAt":35,"contentType":10,"isVideo":14},1003,"where-did-americans-move-in-2017-infographic","Where Did Americans Move in 2017? [INFOGRAPHIC]","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F01\u002F09171302\u002F20180119-STM-Share.jpg","2018-01-19T11:00:05Z",{"id":37,"slug":38,"title":39,"featuredImage":40,"publishedAt":41,"contentType":10,"isVideo":14},1005,"why-you-need-a-professional-on-your-team-when-buying-a-home","Why You Need a Professional on Your Team When Buying a Home","https:\u002F\u002Ffiles.simplifyingthemarket.com\u002Fwp-content\u002Fuploads\u002F2018\u002F01\u002F09160626\u002F20180123-Share-STM.jpg","2018-01-23T10:00:12Z",{"cover":43,"open":44,"shareSpread":45},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[47,51,52,56,60,64,68,69,73,77,81,85,89,93,97,98,102,106,110,114,118,122,126,130,134,138,142,146,150,154],{"id":48,"name":49,"slug":50},1,"Uncategorized","uncategorized",{"id":17,"name":18,"slug":19},{"id":53,"name":54,"slug":55},6,"For Sellers","sellers",{"id":57,"name":58,"slug":59},7,"Foreclosures","foreclosures",{"id":61,"name":62,"slug":63},8,"Infographics","infographics",{"id":65,"name":66,"slug":67},9,"Home Prices","home-prices",{"id":21,"name":22,"slug":23},{"id":70,"name":71,"slug":72},34,"Senior Market","senior-market",{"id":74,"name":75,"slug":76},35,"Mortgage Rates","mortgage-rates",{"id":78,"name":79,"slug":80},38,"Move-Up","move-up",{"id":82,"name":83,"slug":84},41,"For Sale by Owner","for-sale-by-owner",{"id":86,"name":87,"slug":88},42,"Featured","featured",{"id":90,"name":91,"slug":92},45,"New Construction","new-construction",{"id":94,"name":95,"slug":96},52,"Luxury \u002F Vacation","luxury--vacation",{"id":25,"name":26,"slug":27},{"id":99,"name":100,"slug":101},80,"Time-sensitive","time-sensitive",{"id":103,"name":104,"slug":105},81,"Outdated","outdated",{"id":107,"name":108,"slug":109},147,"Internal","internal",{"id":111,"name":112,"slug":113},148,"Do Not Autopost","do-not-autopost",{"id":115,"name":116,"slug":117},320,"Inventory","inventory",{"id":119,"name":120,"slug":121},321,"Agent Value","agent-value",{"id":123,"name":124,"slug":125},322,"Affordability","affordability",{"id":127,"name":128,"slug":129},323,"Buying Tips","buying-tips",{"id":131,"name":132,"slug":133},324,"Downsize","downsize",{"id":135,"name":136,"slug":137},325,"Economy","economy",{"id":139,"name":140,"slug":141},326,"Equity","equity",{"id":143,"name":144,"slug":145},327,"Forecasts","forecasts",{"id":147,"name":148,"slug":149},328,"Selling Tips","selling-tips",{"id":151,"name":152,"slug":153},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":155,"name":156,"slug":157},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]