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

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!
WRITTEN BY:

Lighthouse Living Realty, is one of Westchesters newest Real Estate Brokerage’s focused on multi-family, and investment projects in Westchester County. We source the properties, create and apply the marketing techniques, as well as staff and manage the initial lease-up of each project. Lighthouse’s success is due to its core goal of delivering value to both the investor and end user.

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