The Cost of Renting Vs. Buying a Home
Posted by Larissa Wild on Friday, August 28, 2020 at 8:22 AM
By Larissa Wild / August 28, 2020
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The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]
![The Cost of Renting Vs. Buying a Home [INFOGRAPHIC] | MyKCM](https://files.mykcm.com/2020/08/27112012/20200828-MEM-1046x1129.jpg)
Some Highlights
- The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.
- This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power.
- Let’s connect if you’d like expert guidance on exploring your homebuying options while affordability is high.
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