According to Trulia’s Rent vs Buy Index 2011 , the smart choice for most Austinites right now is to buy.


Austin is among the top 50 U.S. cities where it is "Much Less Expensive to Buy Than Rent", coming in at #35. What does that mean? Well, when you look at the average home price vs. the average monthly cost of rent in Austin, the numbers show that it is significantly more affordable to buy in most areas of
the city. With rental rates increasing and interest rates at historic lows, buying is financially the smarter choice. So, is buying right now the right
choice for you? Please contact your REALTOR today to help determine your individual situation in your area.