The Cost of Renting vs. Buying This Spring

Posted by Dietchi Thomas on Friday, May 3rd, 2019 at 4:31pm.

 

The Cost of Renting vs. Buying This Spring 

The Cost of Renting vs. Buying This Spring [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 (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!

 

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