The Cost of Renting vs. Buying Today [INFOGRAPHIC]

Buying

The Cost of Renting vs. Buying Today [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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