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Daily Real Estate News  |  October 11, 2010  |   Top 10 Cities Where Buying, Renting Pay Off
Real estate Web site Trulia.com compared the price to buy a two-bedroom apartment, condo, or townhouse to renting one in the nation’s 50 largest cities.

In general, it is more expensive to buy in cities where the job market is healthy. Here are the top 10 cities where Trulia says buying makes the most economic sense:

1. Arlington, Texas
2. Fresno, Calif.
3. Miami
4. Mesa, Ariz.
5. Phoenix
6. Jacksonville, Fla.
7. Detroit
8. Columbus, Ohio
9. El Paso, Texas
10. Nashville

Here are the top 10 cities where renting is significantly cheaper:

1. New York
2. Seattle
3. Fort Worth, Texas
4. Omaha, Neb.
5. Sacramento, Calif.
6. Kansas City, Mo.
7. Portland, Ore.
8. San Diego, Calif.
9. San Francisco
10. Boston

Source: Trulia.com (10/08/2010)

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