Should You Rent or Buy a Home?
Real Estate Highlights:
- In the past, the decision to rent or buy a home has been a close decision.
- In today’s market, the percentage of income needed to rent a median priced home today is 30%. The percentage needed to buy a median priced home is 15%. The choice to buy becomes obvious.
- Every market is different. Before renewing your lease, let’s talk to see if you can own a home of your own!