Charles Burt Realtors Blog

Should You Rent or Buy? by Michelle Clemons, Realtor

March 30th, 2018 9:56 AM by Jackie Brummett

The Cost of Renting vs. Buying Today

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

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at thepercentage of incomeneeded to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), 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!
Posted by Jackie Brummett on March 30th, 2018 9:56 AM

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