The Cost of Renting vs. Buying

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renting vs buying

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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