Should Baby Boomers Opt for Buying or Renting After Selling Their Homes?
If you’re a baby boomer contemplating a change after years in your current residence, the decision to sell your home brings with it numerous considerations. Will you relocate to another state or stay local? Are you looking to rightsize or perhaps require more space for your family? One of the most crucial questions you’ll face is whether to purchase your next home or opt for renting. Your choice will hinge on your present circumstances and your long-term objectives. Here are a couple of key aspects to guide your decision-making process. Anticipate Rising Rental Costs The chart below, based on Census […]
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