The Cost of Renting vs. Buying This Spring

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at theĀ percentage of incomeneeded to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), 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!

Posted on May 4, 2019 at 5:31 am
Sunita Merchia | Posted in Real Estate Blog |

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