Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]

If you have been considering buying this year...you need to see this!  Buying can be more affordable than renting.

Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC] | Simplifying The Market

Some Highlights: 
  • The percentage of income needed to afford a median priced home is almost half the percentage of income needed to afford median rent.
  • Buying costs are significantly less than renting costs.
  • The percentage of income needed to afford a median priced home is less than the historic norm.