Tim's Blog
14
Oct

Do You Know the Cost of Renting vs. Buying?

Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC] | MyKCM
 
Some Highlights:
  • Historically, the choice between renting or buying a home has been a close decision.
  • Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!


Tim Helton
BRE 01436712, NMLS#256721
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Office: 530-741-1234
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Welton Realty
602 D St.
Marysville, CA 95901
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