HotPads to show rent vs. buy home prices
With plummeting housing prices and rental rates going up (credit crunch victims need a place to live, after all), prospective home buyers face more confusion about whether it’s better to buy or rent a home.
Housing search engine and listing service HotPads.com thinks it has the answer to the conundrum: showing rental and mortgage rates side by side on the screen.
On Monday the Washington, D.C. company will launch the first “buy vs. rent” search feature in… Continue Reading