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The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]

The Cost of Renting vs. Buying This Spring [INFOGRAPHIC] | Simplifying The Market

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 (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), 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!

Thinking about buying or selling in NELA or the Hi-Desert?

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Curious what you home is WORTH?