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In January it was cheaper to rent than buy in Tri-Cities counties

By donfenley.com on February 5, 2019

The Realtor.com Rent vs Buy Report compares median monthly costs of renting and
buying relative to median incomes.

Buying costs are calculated based on realtor.com county-level residential listing price
data for December 2018. Rental prices are sourced from the US Dept of Housing and
Urban Development (HUD) data for 2018 rental estimates 50th-percentiles. Household
incomes data comes from Nielsen Pop Facts Demographics 2018.

Rent 4% means is 4% cheaper to rent

‹ Kingsport-Bristol home sellers pocket 33.7% profit from original purchase price in 2018; Johnson City gains up 27.9%

Kingsport-Bristol finishes 2018 with best retail sales tax collections performance in NE Tenn. ›

Categories: CORE DATA, REAL ESTATE