The Cost of Renting vs. Buying in the US [INFOGRAPHIC]

Buy or Rent?

The Cost of Renting vs. Buying in the US [INFOGRAPHIC]

The Cost of Renting vs. Buying in the US [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 (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!

Bottom Line

Quit paying someone else’s mortgage.

Lynda Van Wie | Van Wie Real Estate Group

Have questions about real estate you want answered? Even if you aren’t planning to buy or sell for years, I hope you’ll feel comfortable calling me to talk about your unique real estate situation. I’d love the opportunity to become your agent long before you actually need one. ~ Lynda Van Wie (www.vanwierealestategroup.com)

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