The Cost of Renting vs. Buying [INFOGRAPHIC]

The Cost of Renting vs. Buying [INFOGRAPHIC] | Simplifying The Market

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!
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Hilary Blaha is a real estate professional with Pinnacle Estate Properties, Inc and serves the Acton, Agua Dulce and the Santa Clarita area, including; Newhall, Saugus, Canyon Country, Valencia, Stevenson Ranch, Westridge, Castaic, Val Verde.
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