Cost of Renting vs Buying

Posted by Tony Leocadio on Friday, November 15th, 2019 at 2:44pm.

The Cost of Renting vs. Buying a Home

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

Some Highlights:

  • Historically, the choice between renting and 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 is clear.
  • Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.

 

Tony Leocadio, Team Leader
714-673-7363
Tony@AgentX2.com
CalBRE# 01737259

 

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