The Cost of Renting vs. Buying Today [INFOGRAPHIC]

30 Mar The Cost of Renting vs. Buying Today [INFOGRAPHIC]

Posted at 05:00h in Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy by Jeff Anderson

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!