The Cost of Renting vs Buying

The Cost Of Renting Vs. Buying [INFOGRAPHIC]
By: KCM Keeping CUrrent Matters   6/8/18

The Cost of Renting vs. Buying [INFOGRAPHIC] | Keeping Current Matters

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 (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), 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!

Comments

Post a Comment

Popular posts from this blog

Suffolk Meadows, Seba Walters

Image
  Beautiful Home with hardwood floors & crown molding. Come enjoy its over sized yard & quiet neighborhood. Located in Northern Suffolk. The neighborhood offers a community ball field, 3 common park areas, 2 playgrounds, a basketball court & walking trail. #familyfirst #realestate Check out all the details here: https://bit.ly/Listings-FamilyFirstRealty
Read more

Try Mosquito Dunks for a Mosquito-Free Summer

Image
Try Mosquito Dunks for a mosquito-free summer  By Mary Reid Barrow, Lynnhaven River Now You can have a virtually mosquito free summer, thanks to Mosquito Dunks! I know I sound like an advertisement, but in more ways than one I really am not being paid to write this.  Lynnhaven River Now "LRNow" believes in dunks so much that they are giving away a dunk to everyone who participates in their Native Garden Tour on June 28, 2024.  See more here: https://www.lynnhavenrivernow.org/events/   And I am a believer too. I have not had many problems with mosquitoes in the 10 years or so since I started using dunks in my birdbaths and flowerpot saucers & checking for standing water around the yard. Mosquitoes only lay eggs in stagnant water.  The small, granulated donut-shaped dunks, available at places like hardware stores & garden centers, kill mosquito larva in water before they develop into full-fledged mosquitoes and better yet, before then can bite. ...
Read more

Avoid These Mistakes When Selling Your Home

Image
Avoid These Mistakes When Selling Your Home Learn how to get the best price for your house By   AMY FONTINELLE   Updated May 13, 2024 Reviewed by   LEA D. URADU Fact checked by   ARIEL COURAGE Fact checked by   Ariel Courage Full Bio Ariel Courage is an experienced editor, researcher, and former fact-checker. She has performed editing and fact-checking work for several leading finance publications, including The Motley Fool and Passport to Wall Street. Learn about our  editorial policies   Selling your home can be surprisingly time-consuming and emotionally challenging. It can feel like an invasion of privacy when strangers open your closets and poke around. They will openly criticize your home and your decorating abilities, and to top it all off, they will offer you   less money than you think your home is worth . With no experience and a complex transaction on your hands, it’s easy for home sellers to make mistakes. The best way to sell a house...
Read more