The Cost of Renting vs. Buying

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!

If you are looking to buy a house click here and let Ocean Atlantic Sotheby’s International Realty help you find the home of your dreams.  

*This article is presented to you by Waterstone Mortgage. Please click here to read full article.