The Cost of Renting vs. Buying a Home [INFOGRAPHIC]
Posted by Renee Adelmann on Friday, October 20, 2017 at 12:00 PM By Renee Adelmann / October 20, 2017 Comment
- 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!
Contact us for experienced representation when buying or selling a home in the East Bay.