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Do You Know The Cost of Renting vs. Buying?


Some Highlights:

  • Historically the Percentage of your income needed to afford a home vs. renting was a much closer margin. Making renting make sense.
  • Now… Renting will cost you 30.1% of your income compared to buying a median home at 15.3% of your income.
  • Either way you’re paying a mortgage… why not have it be yours?

Source: The KCM Crew / Keeping Current Matters  05082015

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Our agents write often to give you the latest insights on owning a home or property in the local area.