The Cost of Renting vs. Buying This Spring or Summer

Dated: 06/12/2019

Views: 0

The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]

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

Some Highlights:

  • Historically, the choice of renting or 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 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!
Blog author image

KATHALENE JOHNSON

I am a wife to my high school sweetheart Jeremy, mother of 3 beautifully talented children, organic gardener, animal lover extraordinaire happily owned by dogs, cats, chickens, ducks, and goats! I am....

Latest Blog Posts

The Cost of Renting vs. Buying This Spring or Summer

The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]Some Highlights:Historically, the choice of renting or buying a home has been a tough decision.Looking at the percentage of income 

Read More

2 Things You Need to Know to Properly Price Your Home

2 Things You Need to Know to Properly Price Your HomeIn today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However,

Read More

Top Days to List Your Home for Sale

Top Days to List Your Home for Sale Some Highlights:ATTOM Data Solutions conducted an analysis of more than 29 million single-family home and condo sales over the past eight

Read More

Buyer Demand Surging as Spring Market Begins

Buyer Demand Surging as Spring Market BeginsLast fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like

Read More