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 connect with one of our local real estate professionals.