Buying a home not only gives you a place to call your own—and lets you paint the walls any color you like—but it's a sound financial investment. As the The New York Times reports, buying a home may actually be much cheaper than renting for most people, saving you money and giving you a chance to build up equity with your monthly payments. You might think you can't afford to buy a home, but EXIT Realty Upper Midwest, real estate and investment experts in IA,SD,ND and MN wants you to consider if you can afford not to.

According to Trulia's 2014 winter calculations, buying a home is cheaper in all 100 of the country's largest metro areas, with an average 38% savings across the nation. This figure, which also accounts for all of the additional expenses involved with homeownership, such as insurance, taxes, and interest, varies from place to place, with the gap narrower on the East and West coasts. In the Midwest, however, buying can be as much as 60% less expensive!

According to experts, the difference depends on low interest rates on 30-year fixed mortgages and housing prices that are still on the rebound, which also makes this an ideal time for real estate investing. They recommend taking advantage of this situation before interest rates rise or housing prices climb faster than rents.

EXIT Realty Upper Midwest is an innovative company perfect for those looking to build careers in real estate. Visit their website or call (612) 414-4022 to learn more.