“Historically, the choice between renting and buying a home has been a tough decision.”

 

 

Some Highlights:

  • Historically, the choice between renting and buying a home has been a tough decision.
  • Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice is clear.
  • Every market is different. Before you renew your lease, find out if you can put your housing costs to work by buying a home this year.

 

To view original article, visit Keeping Current Matters.

Is It Time to Buy a Smaller Home?

Is It Time to Buy a Smaller Home?

There are many reasons to buy a smaller home—or to downsize from your present home—but sometimes, the idea that “less is more” is what propels homeowners to buy a smaller home.

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