Denver Area Homebuyers Want to Buy for Financial Reasons, Prefer a Mortgage to Paying Rent

Dateline City: Denver, Colo. Inaugural Bank of America Homebuyer Insights Report Reveals Buyers Prioritize Cost and Neighborhood When Purchasing a Home As peak homebuying season begins, Denver metro area homebuyers are seeking a home for practical reasons, as the majority (58 percent) see homeownership as a financial investment, according to the inaugural Bank of America Homebuyer Insights Report , released today. As such, more than half are buying for the first time because they believe their money would be better spent on a mortgage than rent, compared to 37 percent of homebuyers nationally ......(read more)

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