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The Cost of Renting vs. Buying Today 3.30.18 [INFOGRAPHIC]

Posted by Jasmine Bega on Friday, March 30, 2018 at 2:37 PM By Jasmine Bega / March 30, 2018 Comment

The Cost of Renting vs. Buying Today 3.30.18 [INFOGRAPHIC]

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
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