The Cost of Renting vs. Buying a Home [Infographic]

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 homebuying options while affordability is high, reach out to a local real estate professional.

The information contained herein, created by Keeping Current Matters, and the opinions expressed in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. and Agent Formula do 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. Agent Formula and Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.