The Cost Of Renting Vs Buying

Dated: 06/09/2018

Views: 12

The Cost of Renting vs. Buying [INFOGRAPHIC] | MyKCM

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 (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), 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!

Blog author image

"The Stearns Team" #TeamStearns, #DRE01305251

"The Stearns Team" #TeamStearns Brokered By EXP Realty of Ca. Inc. Broker: DRE# 01878277 Agent: DRE# 01305251 #TeamStearns - Trust, Integrity, Friendship....

Latest Blog Posts

Tips for Preparing Your House for Sale This Fall

Some Highlights:When listing your house for sale, your top goal will be to get the home sold for the best price possible!There are many small projects that you can do to ensure this happens!Your

Read More

Increase in Inventory a Bullish or Bearish Sign for Real Estate?

In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.comreported that:New listings jumped 8% year-over-year nationally, the largest increase since

Read More

Tips for Starting Your Home Search

In today’s real estate market, with low inventory dominating the conversation in many areas of the country, it can often be frustrating to be a first-time homebuyer if you aren’t.

Read More

Are You Ready to Move?

For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?Here’s what some of the

Read More