The Cost of Renting Vs. Buying a Home

Some Highlights

  • The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.

 

  • This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power.

 

  • If you’d like expert guidance on exploring your home buying options while affordability is high, reach out to a local real estate professional.

  • The Cost of Renting Vs. Buying a Home

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