Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

Some Highlights:

1. Historically, the choice between renting or buying a home has been a close decision.

2. Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), the choice becomes obvious.

3. Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!