Buying Home Beats Renting After Just 3 Years in Much of US

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30 Metro Areas/ Breakeven Horizon (Years)

Miami-Fort-Lauderdale, Tampa    1.6
Detroit   1.7
Phoenix   1.7
Orlando, Fla.   1.7
Las Vegas   1.7
Riverside, Calif.   2.0
Dallas-Ft. Worth   2.1
Pittsburgh   2.1
Cincinnati   2.1
Cleveland   2.4
Columbus   2.4
Atlanta   2.5
St. Louis   2.5
Denver   2.5
Minneapolis-St. Paul   2.7
Charlotte, N.C.   2.7
Chicago   2.8
Baltimore   2.8
Philadelphia   3.0
Sacramento, Calif.   3.1
Washington   3.5
Portland, Ore.   3.5
San Diego   3.6
Seattle   4.0
Los Angeles   4.3
Boston   4.3
New York   5.1
San Francisco   5.9
San Jose, Calif.   8.3

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