Should You Rent or Buy a Home?

renting-vs-buying

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!
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