Crown Gaithersburg MD | Should Boomers Buy or Rent after Selling?

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Real Estate Broker/Owner with Maxus Realty Group - Broker 301-246-0001 Broker - Realtor - CEO

Crown Gaithersburg MD | Should Boomers Buy or Rent after Selling?

 

As Gaithersburg has developed over the years, many neighborhoods are now blended with one and another without any distinction or personalities.

Not in CROW, the newest and most vibrant community in Gaithersburg MD

Located next to Rio, this new and unique neighborhood is separate in four groups

 

* Downtown Crown

* Crown West

* Crown Central 

* Crown East

 

If you are looking for city-living style with a flair of urban village, The Crown community has everything to offer and more. 

There is even a direct Metro Shuttle between the community and Shady Grove Metro Station to connect you directly with Washington DC and its surroundings,

Today, I would like to talk about 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… 

 

 

 

READ MORE: http://www.reallynicehomes.com/blog/crown-gaithersburg-md-should-boomers-buy-or-rent-after-selling/


???Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system
www.99SOLD.com - Call or text 240-426-5754 for more information.

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Topic:
Home Buying
Location:
Maryland Montgomery County Gaithersburg Crown
Groups:
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Tags:
maryland
baby boomers
rent vs buy
for buyers
for sellers
moveup buyers
crown gaithersburg
listing homes for sale crown

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Rainmaker
5,176,445
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Fernando Herboso - Broker for Maxus Realty Group I'm a boomer and I think they should buy after they sell...they should pay cash and buy something that is enough room for them....downsize....but own.... rents go up and there are no write offs or equity gain....boomers are living longer.... they're healthier.... renting for 30 or 40 years is insane if one has some cash to buy.

Dec 14, 2017 07:58 AM #1
Rainmaker
571,081
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Everyone needs to evaluate their own situation and make an educated decision.

Dec 14, 2017 08:13 AM #2
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Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA
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