The Cost of Renting vs. Buying in the US

By
Real Estate Broker/Owner with One Home Team Realty/Charlotte,NC 704-293-3931 246546

Renting vs. Buying Stats

 

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 (29.2%) vs. the percentage needed to buy a median-priced home (15.8%), 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!

 

 

Are you thinking of selling your home? If you would like any information on buying or selling a house, please contact us atwww.OneHomeTeamRealty.com

--

Wayne & Lisa Bennett - Broker Owners/Realtors®
GRI, ABR, e-PRO, SFR, CDPE
Licensed in NC & SC
One Home Team Realty
C: 704-293-3931
F: 704-749-2030

http://www.CharlotteNCAreaHomeSearch.com
http://www.CharlottePropertySource.com

       


Are you looking to Buy or Sell a Home in the Charlotte area?

Posted by

Wayne Bennett - Broker Owner / Realtor ® GRI, ABR, e-PRO, SFR, CDPE

Licensed in NC & SC

One Home Team Realty

O: 704.218.2064

C: 704.293.3931

F: 704.749.2030

 

http://www.CharlotteNCAreaHomeSearch.com

http://www.CharlottePropertySource.com

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Topic:
Real Estate General Information
Location:
North Carolina Mecklenburg County Charlotte
Tags:
renting vs buying
buying costs
percentage of income needed

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

It is seldom better to rent than buy...unless it is a short term of 2 or maybe 3 years.

Jul 24, 2017 09:29 AM #1
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Rainmaker
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Wayne Bennett

Real Estate...As It Should Be
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