The Cost of Renting vs. Buying a Home

The Cost of Renting vs. Buying a Home [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • Historically, the choice between renting and buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
  • Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.

 

Posted on January 3, 2020 at 8:00 am
Tammy Fisher | Category: Buying a Home, Home Buying, Home Ownership | Tagged , ,

Leave a Reply

Your email address will not be published. Required fields are marked *