Acre Mortgage and Financial, Inc.

NMLS# 13988

400 Sheppard Rd.

Voorhees, NJ 08043

(866) 416-7156

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

November 16, 2018

Some Highlights:
  • Historically, the choice between renting or buying a home has been a tough decision.

  • Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a 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 this year!

     

     

     

     

     

     

     

     

     

 

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