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.
About Seth Muenzer’s Real Estate Blog: The above article “Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC]” is hosted by the Seth Muenzer, the owners of www.sethmuenzer.com. If you’re thinking of selling or buying, I would love to share my knowledge and expertise.
Servicing the following San Benito County areas:Hollister, Ridgemark,Tres Pinos, San Juan Bautista, Aromas as well as Santa Clara County,Gilroy, San Martin and Morgan Hill.