Renting vs. Owning in Greenville - which costs more?

Episode 19,   Jul 02, 2020, 04:46 PM

I've seen and heard for a while that renting a house in Greenville is disproportionately expensive as compared to buying, but what does the data say? In this episode, I dig into the data on houses that have been rented and sold the past six months in the same neighborhoods to compare what it would cost to rent on average vs. paying an average estimated mortgage payment in those neighborhoods. Unsurprisingly, many people who are renting are paying more than they would if they owned, but that doesn't tell the whole story. In this episode, we discuss that and what it means. As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.