The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

Dated: August 28 2020

Views: 165

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC] | MyKCM

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.
  • Let’s connect if you’d like expert guidance on exploring your homebuying options while affordability is high.

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Jeffrey Daniels does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Jeffrey Daniels will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

Latest Blog Posts

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a

Read More

Is It Time To Move on to a New Home?

Is It Time To Move on to a New Home?If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying

Read More

Is the Number of Homes for Sale Finally Growing?

Is the Number of Homes for Sale Finally Growing?An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing

Read More

The Truth About Today’s Buyer Demand

The Truth About Today’s Buyer DemandWhen it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know

Read More