![Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC] | Simplifying The Market](https://sp-ao.shortpixel.ai/client/to_webp,q_glossy,ret_img,w_650,h_841/https://shortsalesellit.com/wp-content/uploads/2017/02/Rent-vs.-Buy-STM.jpg)
Do You Know the Real Cost of Renting vs. Buying?
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!
Kris & Kim Darney; California REALTORS®; Coaches & Trainers; Parents and Grandparents; Reach us at 714.657.6634