"New statistics show that depending on your location, buying a home could be cheaper than renting.
KREM 2's Chris Nguyen spoke to local realtors who say in Spokane, falling home prices and record-low mortgage rates are enticing more people to become buyers, instead of renters.
Officials say homes in Washington State are the most affordable they've been since the 1980's.
Joe Mann with the Spokane Association of Realtors says it's a good time to buy because the average home price in Spokane right now is about $178,000.
Real estate website Trulia.com says that in most parts of the country, buying a home can be cheaper than renting." [Continue reading...]
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