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Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

Oct 14, 2016   //   by Ben Gerritsen   //   Mortgage News  //  Comments Off on Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

By simplify

Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC] | Simplifying The Market

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!

Read More…      

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