Thinking of relocating back to Mass, Well You are not alone. The trend now is returning to the home State, Florida used to have 10.000 plus people moving into the State a week, Now that trend has reversed, twice as many people are leaving than are arriving, Where are the going---the answer is back home or at least to the area they know, WHY--Because they can buy more house for the money, for example when they sold up to 4 years ago they sold for top dollar, now when they come back they can find deals with up to 50% of the sale price from the time they left, this of course equals a gain. Also there is no capital gains Tax to worry about as you only have to live in the home you own for 2 out of 5 years to take advantage of this tax break. Also another big reason Baby Boomers are returning is lifestyle, they are on average more healthy, more robust, and want a more active lifestyle,
What do you think?
I know ---as I am one of the later boomers and found I can have the best lifestyle by returning north, and a major plus is I get to see family.
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