Do You Know The Real Cost Of Renting Vs Buying

Dated: 02/21/2017

Views: 186

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


Some Highlights:

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

  • 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.

  • 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!

  • Here is a link to homes in Portland OR areas including Multnomah, Washington, Clackamas Counties under $1,500 per month

Latest Blog Posts

The Cost Of Waiting Portland Interest Rates Edition INFOGRAPHIC

Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly

Read More

Portland Oregon Area Residential Real Estate Review February 2018

February 2018 Residential HighlightsClosings had a strong month this February in the Portland metro area. There were 1,806 closed sales, a 8.2%  increase over February 2017 (1,669) and a.

Read More

Top 5 Reasons To Hire A Real Estate Professional When Buying Or Selling

Top 5 Reasons to Hire a Real Estate Professional When Buying or Selling!Whether you are buying or selling a home it can be quite the adventure, which is why you need an

Read More

Portland Oregon Area Residential Real Estate Review January 2018

January 2018 Residential HighlightsThe Portland metro area saw plenty of pending sales and new listings this January. Pending sales, at 2,311, outpaced January 2017 (1,990) by 16.1% and December

Read More