The Cost of Renting vs. Buying Today [INFOGRAPHIC]
Some Highlights
- Historically, the choice between renting or buying a home in Shasta County has been a tough decision.
- Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), 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 this year!
As always, we here at Josh Barker Real Estate Advisors are here to help answer any questions you may have. Feel free to contact us at 530-222-3800 or email me at josh@reddinghomes.com.
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