Your First Home
Friday, October 20, 2017
The Cost Of Renting Vs. Buying A Home
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 (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), 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!
Source: Keeping Current Matters | The KCM Crew 102017
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