Renting Takes More of Your Income Than Owning

  • 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, and that includes the North Shore of Massachusetts. Before you renew your lease again, contact an Armstrong Field REALTOR to talk about your options!


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