7 Must Dos For Successful House FlippingWatch our video belowDownload your Free Flipping Do's and Don't Guide BelowMarco here with Vital Source Realty!Here at Vital Source Realty, we are excited to
Should Boomers Buy Or Rent After Selling
Should Boomers Buy or Rent after Selling?
In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home.
“Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent...
Meanwhile, more than 5 million baby boomers across the nation are expected to rent their next home by 2020, according to a 2016 analysis from Freddie Mac.”
This makes sense in the short term for many reasons. If you are moving to a different part of town or a new region of the country, you may decide to rent until you pick the perfect home in an area you love. However, is renting a good long-term strategy?
A mortgage payment remains fixed. Rents, however…
The Census Bureau recently released their 2017 third quarter median rent numbers. Here is a graph showing rent increases from 1988 until today:
As you can see, rents have steadily increased and are showing no signs of slowing down. If you are faced with making the decision of whether you should rent or buy your next home, you should take this into consideration.
One way to protect yourself from rising rents is to lock in your housing expense by buying a home instead of renting. Let’s get together so we can help you decide what the best step is for you and your family!
Off Market Specialist. Specialties: Buyer's Agent, Listing Agent, Relocation, Commercial R.E. I'm a real estate consultant who's made a career of an excellent track record of outstanding results an....
Latest Blog Posts
It's a VIRTUAL HOUSE PARTY!!! Join me to get key info on purchasing your FIRST or NEXT home during & after COVID-19. It's totally FREE!Listen Up 🗣️...Come party and learn at our first ever🎉
Coronavirus Uncertainty Plunges On Mortgage Interest Rates The worldwide spread of the coronavirus has sent shockwaves throughout global health care systems and governments, and the United States'
5 Massachusetts Towns Where Home Prices Declined in 2019Massachusetts home prices, especially in the Greater Boston area, have been increasing for about seven or eight years, but not every community