The Cost of Renting vs. Buying in the US [INFOGRAPHIC]
Posted by Gold Country Team on Friday, June 23, 2017 at 12:00 PM
By Gold Country Team / June 23, 2017
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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!
Contact the Gold Country Modern Team, your Amador County real estate connection, for assistance buying or selling a home in the Gold Country.
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