The Cost Of Renting Vs Buying A Home

Dated: 11/15/2019

Views: 61


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.

  • Brought to you by Keeping Current Matters and Becky Shiffer Realtor 541-913-9910

Latest Blog Posts

Best Time To Sell When Competition Is At An AllTime Low

In a recent survey of home sellers by Qualtrics, 87% of respondents said they were concerned their home won’t sell because of the pandemic and resulting economic recession. Of the

Read More

Is The Health Crisis Driving Buyers Out Of Urban Areas

The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes.

Read More

A Historic Rebound For The Housing Market

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in

Read More

What Are The Experts Saying About Future Home Prices

A worldwide pandemic and an economic recession have had a tremendous effect on the nation. The uncertainty brought about by both has made predicting consumer behavior nearly impossible. For that

Read More