Home buying cheaper than renting - WAOW - Newsline 9, Wausau News, Weather, Sports

Home buying cheaper than renting

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(CNN)--The real estate market collapse over the past few years has hurt a lot of Americans.

But one group has won big.

People looking to buy a home can now find real bargains.

According to the online real estate company Trulia, in 98 of the top 100 housing markets, buying a home is more affordable than renting.

But not everyone can take advantage of falling home prices and historically-low interest rates.

Trulia says rising rents are making it hard for some people to save enough for a down payment.

And it's a lot harder to get a mortgage than it used to be.

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