Detailed text transcripts for TV channel - FOXNEWS - 20131019:13:25:00
Zillow home value index shows prices at $50,7 thousand. 3.5% from one year ago. rents have gone down there, as well. in 1.4 years you can make your money back. better to buy than rent. >> rochester, new york? >> 1.5 years. you paid back all those costs you put up front to buy the place. $60,000 the average there. average rent is almost $900. >> san jose, california. >> a whole different story. very expensive. average home price according to zillow is $644,000. prices are up 22% in one year. it takes 3.5 years to make your money back. that is still not a long period of time. people should be in...
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