The Cost of Renting vs. Buying [INFOGRAPHIC]

The Cost of Renting vs. Buying [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 (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), 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!

 

 

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The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Trevino Properties does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Trevino Properties will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

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Alex Trevino

The team at Trevino Properties is a group of highly skilled and experienced real estate professionals who are dedicated to helping their clients navigate the complex real estate market. With a focus on the homes and lifestyles of Silver Lake, Eagle Rock, Mount Washington, Los Feliz, and Echo Park, they have in-depth knowledge of the local market and its unique features. Their passion for real estate, combined with their expertise and personalized service, sets them apart from other real estate firms. The team at Trevino Properties is committed to providing the highest level of service to their clients and always working in their best interests to achieve their real estate goals.

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