Do You Know The Real Cost Of Renting Vs Buying

Dated: 02/21/2017

Views: 175

Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC]


Rent-vs-Buy


Some Highlights:

  • Historically, the choice between renting or buying a home has been a close decision.

  • Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious.

  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!

  • Here is a link to homes in Portland OR areas including Multnomah, Washington, Clackamas Counties under $1,500 per month https://goo.gl/pTmGpH

Latest Blog Posts

4 Reasons To Buy A Home This Fall In Oregon

4 Reasons to Buy a Home This Fall in Oregon!Here are four great reasons to consider buying a home today, instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price

Read More

July 2017 Portland Area Real Estate Activity

July Residential Highlights Portland real estate activitycooled a bit this July. Closed sales,at 2,793, cooled 12.4% from Junewhen 3,187 closings were recorded,although these sales pushed 0.6

Read More

Homeowners In Oregon Net Worth Greater Than A Renter

Homeowner’s Net Worth Is Still Greater Than a Renter’sEvery three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all

Read More

Do Your Future Plans Include A Move Whats Stopping You From Listing Now

Do Your Future Plans Include a Move? What's Stopping You from Listing Now?Are you an empty-nester? Do you want to retire where you are, or does a vacation destination sound more your style? Are you

Read More