It's not ridiculous, but it makes less and less sense as you see the below consideration

  • The percentage of income needed to rent a median-priced home today is 29.2% vs. the percentage needed to buy a median-priced home at 15.8% 

If you're keeping track, that's almost double the percentage of income to rent vs. Buy a home...

Check it out how that compares historically when comparing Buying vs. Renting...

We put together a website that allows you to enter in how much your paying for rent and where you are living and then sends you a  list of homes you could afford right now for the same as you are paying for rent.

For more information or to schedule a time to speak with us about any questions you have concerning, a downpayment, closing costs or please contact us at 480.779.7761

Need to sell your home? Click here for a complimentary valuation.

Sick of seeing homes online that are already under contract?  - Search properties on the MLS here

See our Featured Listings Here - Wells Realty Group Listings (these are actually our listings - we'd love to schedule a showing anytime)

Our team averages selling about 1 home every 3 days.  That means experience and expertise working on your side. Click here to see how we get it done.

If you have a question you would like us to write about, please shoot us an email to clientcare@pressplayrealty.com with the subject line - Blog Question