The Cost of Renting vs. Buying This Spring

Some Highlights:

• Historically, the choice between renting or buying a home hasbeen a tough decision.
• Looking at the percentage of income needed to renta median-priced home today (27.7%) vs. the percentage needed to buya median-priced home (17.5%), 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 thisyear!