Do You Know The Cost Of Renting Vs Buying

Dated: 10/14/2016

Views: 57

Image title

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!

Ron Harmon | Designated Broker

As a dedicated real estate broker I have helped over 500 families purchase or sell their home and I am qualified to guide you through buying or selling a home. Buying or selling a home is one of t....

Latest Blog Posts

The Importance Of Home Equity In Retirement Planning

We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners

Read More

The Supply And Demand Problem Plaguing New Construction

Many real estate economists have called on new home builders to ramp up production to help relieve the shortage of inventory of homes for sale throughout the United States. The added inventory would

Read More

Buying Is Now 33 Percent Cheaper Than Renting In The US

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest

Read More

Top Home Renovations For Maximum ROI INFOGRAPHIC

Some Highlights: Whether you are selling your home, just purchased your first home, or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects

Read More