Below we have shared an article that tells the top 10 strongest buyers markets. Read the graph below of those counties…

 

The Nation’s 10 Strongest Buyer’s Markets

Buying trumps renting in more and more cities as rental costs continue to escalate. SmartAsset recently pinpointed where buying a home is better than renting in the shortest amount of time.

SmartAsset factored its rankings by culling data on average rents and home prices and comparing buying to renting in counties throughout the U.S. It used the costs of renting and buying a typical home in each county for a household earning $100,000 a year.

The data they used to figure out the costs associated with buying included a mortgage rate of 4.5 percent, closing fees of $2,000, and a 20 percent down payment.

View more of the data used and more findings from SmartAsset’s Rent vs. Buy calculator.

Source: “Rent vs. Buy,” SmartAsset (January 2016)

http://realtormag.realtor.org/daily-news/2016/01/19/nation-s-10-strongest-buyer-s-markets