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?
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!
Author:Linda Treadway Phone: 682-224-9848 Dated: December 14th 2017 Views: 128 About Linda: ...
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
As the events of the last few years in the real estate industry show,
"Gabrielle was very professional. She did not rush and or pressure us into making any decisions, when we made up our mind she gave us unbiased information to consider and had us look at the property on multiple occasions. She was knowledgeable on all aspects of the market, this allowed us to get a great deal, she fought for us and we were able to get the seller to throw in a few bonus items. We are happy we went with Gabrielle and we will definitely use her again."