Business Matters Nancy Puder

The Cost of Renting vs. Buying

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!

Nancy Puder is a real estate broker with Keller Williams Realty Central Coast. Call or Text Nancy (805)710-2415 with your real estate questions anytime. She always enjoys hearing from you!  To access other articles written by Nancy Puder, go to  Readers can also email with questions or to discuss their real estate needs.