Cost Of Renting Vs Buying

Dated: 02/20/2017

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Some Highlights:

  • Historically, the choice between renting or buying a home has been a close decision.

  • Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious.

  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!

Information courtesy of KEEPING CURRENT MATTERS. 

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Ernest Enriquez

Hi, my name is Ernest Enriquez owner/team lead of Elite Home Team. I am a dedicated agent who works hard for my clients whether your buying or selling. I'm here to make the process as stress free as p....

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