NE TEXAS Real Estate News

Renting Vs. Buying a home....The stats might surprise you!

June 5th, 2019 9:56 AM by NE TEXAS REALTY GROUP

The Cost of Renting vs. Buying This Spring [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Historically, the choice between renting or buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
Posted by NE TEXAS REALTY GROUP on June 5th, 2019 9:56 AM


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