Rent vs. Buy
December 10, 2007 2:20 PM
Rent vs. Buy
HotPads launched the first "Buy vs. Rent" search engine to provide housing shoppers with the information required to make sound financial decisions when deciding whether it is the right time to buy or rent a home. Both For Sale and For Rent listings are displayed on a the same map. For Sale listings have a monthly cost associated with them that take mortgage payments including interest rate, down payment, and term length into account. As users adjust their pricing criteria on the map, homes for sale and rent appear and disappear respectively. This allows users to see exactly what properties they can afford to buy or rent.
HotPads launched the first "Buy vs. Rent" search engine to provide housing shoppers with the information required to make sound financial decisions when deciding whether it is the right time to buy or rent a home. Both For Sale and For Rent listings are displayed on a the same map. For Sale listings have a monthly cost associated with them that take mortgage payments including interest rate, down payment, and term length into account. As users adjust their pricing criteria on the map, homes for sale and rent appear and disappear respectively. This allows users to see exactly what properties they can afford to buy or rent.
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