Price. Location. Personal preference. There are so many variables that it's hard to make blanket statements about buying versus renting. But there's a case to be made for either right now. A few things to think about:
If you're borrowing to buy a house, there's almost never been a better time to do it.
Home prices continued to cool off in June, according to new figures out Tuesday.
The mortgage crisis may be easing, but it's still hitting some people harder than others.
Los Angeles and Orange counties are the least-affordable housing market in the country. And it's likely to only get worse.
Home builders are feeling better about their prospects these days.
The police shooting of Michael Brown was the spark.
Orange County is the third-most-expensive housing market in the country, with two other chunks of the Southland ranking in the top 10.