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The Cost of Renting vs. Buying a Home [INFOGRAPHIC]

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (28.4%) 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!

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Testimonials

Great communication! Answered any and all questions we had as first-time home buyers. In a difficult market, they were able to create an offer particular to the sellers’ taste. I would definitely recommend the DeGrood Team. A delight to work with and took the stress out of an extremely stressful market.
David G.