Consumer Tuesday: Buying a home versus renting

7:27 AM, Jun 5, 2012   |    comments
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LITTLE ROCK, Ark. (KTHV) - According to the National Association of Realtors, the average apartment rent is expected to rise 3.8% in 2012 and in 2013 average rents are expected to rise another 4%. 

However due to financial reasons or by choice, millions of Americans continue to rent. So should you ditch the lease and buy a home?

On this Consumer Tuesday, Scott McElmurry, President and CEO of Bank of Little Rock Mortgage is discussing the reasons to own your own home versus renting. Click on the video!