Are you ready to stop renting and buy a home?

It’s not solely a financial decision

You’ve conquered college. You’ve checked a couple must-visits off your travel bucket list. You’ve mastered the five-day workweek. What’s next?

Maybe it’s to check off the next box on your adulting to-do checklist. That is: to buy a home.

A recent report from the National Association of Realtors says that the typical age of a first-time homebuyer is 36. That’s older than the previous years. But it shouldn’t be a surprise since home prices are high and competition is fierce.1

However, there’s still plenty of good reasons to throw your hat into the home ownership ring. We’ll take a look at a few of them. Maybe the timing just isn’t right to go from renting to owning. That’s OK. There are reasons why renting is still a good option for some.

 

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