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The Cost of Renting Vs. Buying a Home Today

Posted by James Brooks on Friday, August 28, 2020 at 9:04 AM By James Brooks / August 28, 2020 Comment

Some Highlights

  • The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise.
  • This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power.
  • Let’s connect if you’d like expert guidance on exploring your homebuying options while affordability is high.
Tags: Buying A Home In Apex , Buying A Home In Cary, Buying A Home In Chapel Hill, Buying A Home In Clayton, Buying A Home In Durham, Buying A Home In Holly Springs, Buying A Home In Knightdale, Buying A Home In Pittsboro, Buying A Home In Raleigh, Buying A Home In Wake Forest, First Home, First-Time Home Buyers , Raleigh Triangle Realty

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