(Deming) - Luna County ranked among the best places to own a home in New Mexico based on average rent and home prices in a recent study.
Smart Asset, a personal finance technology company headquartered in New York, just released its third annual study which they say uses financial modeling to power advice on major financial decisions.
The Smart Asset study compared places where buying makes the most sense, and Luna County placed seventh in New Mexico using data including average monthly mortgage payments, average monthly rent, average home prices, and a rent –versus- buy index.
The study showed the best county in which to own a home in New Mexico is Mora, followed by Cibola, Socorro, Sierra and Quay.
Coming in sixth was Chaves, followed by Luna, then Otero, Colfax and Guadalupe.
Additional details on the study, including the methodology and interactive map, are available on the website https://smartasset.com.
Smart Asset, a personal finance technology company headquartered in New York, just released its third annual study which they say uses financial modeling to power advice on major financial decisions.
The Smart Asset study compared places where buying makes the most sense, and Luna County placed seventh in New Mexico using data including average monthly mortgage payments, average monthly rent, average home prices, and a rent –versus- buy index.
The study showed the best county in which to own a home in New Mexico is Mora, followed by Cibola, Socorro, Sierra and Quay.
Coming in sixth was Chaves, followed by Luna, then Otero, Colfax and Guadalupe.
Additional details on the study, including the methodology and interactive map, are available on the website https://smartasset.com.
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