The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

   First Time Home BuyersFor BuyersInfographicsRent vs. Buy

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.

About the Author

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Steve Davis

Steve Davis. Licensed Arizona Realtor with eXp Realty, The Davis Group. Board member with Phoenix Association of Realtors. Steve Davis has been a successful licensed real estate agent for over 30 years. Specializing in general residential real estate, luxury homes and new home construction in the Scottsdale, Phoenix, Cave Creek and Care Free markets.

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