More consumers are starting to ask themselves-"Why rent when you can buy?"
The Associated Press looked at mortgage payments for median priced homes in 45 metro areas.
They're within about $220 of the median rent price, and in some cities the gap is even smaller, about a hundred dollars.
That's close enough for many people to choose buying instead of renting, leading to hope for a turnaround in the housing market.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.