Google+
  • Ocwen3.89+0.03 +0.78%
  • Zillow41.25+0.06 +0.15%
  • Trulia4.01+0.33 +8.97%
  • NationStar19.65-0.06 -0.30%
  • CoreLogic48.83+0.24 +0.49%
  • RE/MAX67.00+0.05 +0.07%
  • Fannie Mae3.10+0.03 +0.98%
  • Freddie Mac3.03+0.04 +1.34%
  • Wells Fargo54.92+1.17 +2.18%
  • CitiMortgage73.53+0.65 +0.89%
  • Bank of America27.17+0.59 +2.22%
  • Fidelity National Financial35.70+0.11 +0.31%
  • First American50.45-0.20 -0.39%
  • Black Knight Financial Services43.05-0.55 -1.26%
  • AUDUSD=X0.7814-0.0063 -0.7960%
  • USDJPY=X113.4790+0.9220 +0.8191%
Home | Featured | Retirees Stuck in Buying vs. Renting Dilemma
Print This Post Print This Post

Retirees Stuck in Buying vs. Renting Dilemma

home-in-your-handsShould retirees plan to buy a home or rent one once their working days are done? According to a newly released Rent vs. Buy Report from Trulia, that depends on the legacy they want to leave behind.

Though nationally, the report shows that buying is slightly cheaper than renting on the whole, that’s only if the retiree cares about leaving an inheritance for their loved ones upon death. If they don’t care about the home equity they leave behind, the report shows that renting a home is actually the more affordable option in 98 of the top 100 U.S. cities for retirees.

The reasoning? The Rent vs. Buy Report says that comes down to the benefits of both homeownership and renting. For homeowners, one of the biggest benefits is the equity value – how much they own of the house and how much they stand to earn when the property is sold.  If this value is left out, the report says, the advantages of buying no longer outweigh those of renting.

If home equity is of importance to the retiree, then buying is cheaper than renting in all major metropolitan areas by 41.8 percent. For all households – including those retiring and those not – buying is 34.8 percent cheaper than renting. Thanks to declining mortgage rates, that’s up from last year, when buying was 34.2 percent cheaper.

To little surprise, the report shows Florida as the best place to save on a retirement home purchase in the U.S.  Retirement communities showed the widest margins in buying versus renting for retirees. In fact, in The Villages, Florida buying a home is 71.6 percent more affordable than renting one. Other Florida cities with high margins were Naples, Venice, Delray Beach, Deerfield Beach, Marco Island, Pompano Beach, Englewood, Titusville, and Hallandale Beach.

But Florida wasn’t the only state to offer a buying-over-renting savings for retirees. Other top cities included: New Orleans and Baton Rouge, Louisiana; Tulsa, Oklahoma; Memphis, Tennessee; Birmingham, Alabama; Greenville and Charleston, South Carolina; and Atlanta, Georgia.

Trulia’s Rent vs. Buy Report is released biannually and assumes a 30-year fixed-rate mortgage with a 20-percent down payment for all calculations.

rentvsbuy_2016_inline2rentvsbuy_2016_inline1

About Author: Xhevrije West

Vri 2
Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University.

209 comments

  1. Pingback: Retirees Stuck in Buying vs. Renting Dilemma - Appraisal Buzz

  2. Pingback: Retirees Stuck in Buying vs. Renting Dilemma - Brokers TitleBrokers Title

  3. Pingback: Buying A House To Rent Out Ontario | Rates for CPA Services for SMB

  4. Pingback: Charleston Home Rentals Mls | Rates for CPA Services for SMB

  5. Pingback: Renting Vs Buying A House Virginia | Rates for CPA Services for SMB

  6. Pingback: Buying A Foreclosure In New Orleans | Rates for CPA Services for SMB

  7. Pingback: Benefits Of Buying A House Versus Renting | Rates for CPA Services for SMB

  8. Pingback: Advantages Of Renting Vs. Buying A House | Rates for CPA Services for SMB

  9. Pingback: xmt85c4wx5ctwxw3tcerthve56

  10. Pingback: alcoholic definition

  11. Pingback: دانلود قسمت هشتم شهرزاد دوم

  12. Pingback: دانلود شهرزاد قسمت هفتم فصل دوم

  13. Pingback: دانلود شهرزاد قسمت دوازدهم فصل دوم

  14. Pingback: دانلود شهرزاد قسمت هشتم فصل دوم

  15. Pingback: قیمت پنجره

  16. Pingback: دانلود قسمت دوازدهم عاشقانه

  17. Pingback: دانلود قسمت ششم فصل دوم شهرزاد

  18. Pingback: دانلود قسمت سیزده عاشقانه

  19. Pingback: Lucia Fernandez

  20. Pingback: Allie Haze

  21. Pingback: Isis Love

  22. Pingback: Peta Jensen

  23. Pingback: دانلود فصل دوم شهرزاد

  24. Pingback: Dillion Harper

  25. Pingback: Free Stuff Worldwide

  26. Pingback: casinos online california

  27. Pingback: online movies

  28. Pingback: پنجره

  29. Pingback: دانلود قسمت 12 عاشقانه

  30. Pingback: Hundeskove i Nordjylland

  31. Pingback: Loyola College for Sale by CollegeDunia

  32. Pingback: دانلود قسمت پنجم شهرزاد دوم

  33. Pingback: دانلود قسمت 11 شهرزاد 2

  34. Pingback: bypass windows 7 admin password

  35. Pingback: دانلود قسمت سیزده عاشقانه

  36. Pingback: دانلود قسمت اول شهرزاد دوم

  37. Pingback: Kendal

  38. Pingback: No NEET required

  39. Pingback: porno gratis

  40. Pingback: porno gratis

  41. Pingback: videos porno

  42. Pingback: porno gratis

  43. Pingback: videos porno

  44. Pingback: porno gratis

  45. Pingback: porno gratis

  46. Pingback: porno gratis

  47. Pingback: پنجره دو سه جداره ساخت فروش در ایران

  48. Pingback: دانلود قسمت هفدهم عاشقانه

  49. Pingback: mysql consulting

  50. Pingback: make a cancer man chase you

  51. Pingback: پنجره ضد سرقت ایرانی

  52. Pingback: Acne Facial Treatments Cooper City

  53. Pingback: Acne Facial Treatments Tamarac

  54. Pingback: Acne Facial Treatments Hollywood

  55. Pingback: فروش توری

  56. Pingback: پنجره

  57. Pingback: دانلود قسمت ششم شهرزاد دوم

  58. Pingback: sex

  59. Pingback: Roof Repair Long Island

  60. Pingback: rate compares

  61. Pingback: Senior Photos

  62. Pingback: cheap zynga chips

  63. Pingback: دانلود قسمت هفتم شهرزاد دوم

  64. Pingback: gems and coins for clash royale

  65. Pingback: پنجره دوجداره

  66. Pingback: coin-banks

  67. Pingback: bitcoin trading

  68. Pingback: coin-banks

  69. Pingback: Porn

  70. Pingback: coin-banks trading

  71. Pingback: le lien en question

  72. Pingback: sports card

  73. Pingback: vpm

  74. Pingback: ping g30 irons for sale

  75. Pingback: کول دانلول

  76. Pingback: دانلود شهرزاد 13

  77. Pingback: پنجره دوجداره

  78. Pingback: Social Media Marketing

  79. Pingback: Web Site

  80. Pingback: internet business

  81. Pingback: دانلود عالیجناب دوم

  82. Pingback: دانلود قسمت دوم سریال عالیجناب

  83. Pingback: you can try here

  84. Pingback: auto body repair

  85. Pingback: cpf

  86. Pingback: دانلود

  87. Pingback: پنجره ضد سرقت المانی

  88. Pingback: شرکت تولیدی پنجره دوجداره المانی

  89. Pingback: قیمت پنجره دوجداره

  90. Pingback: دانلود فیلم

  91. Pingback: آموزش ساخت پنجره دوجداره

  92. Pingback: get tech updates

  93. Pingback: callaway apex forged irons australia

  94. Pingback: free delivery codes

  95. Pingback: suivre ce lien

  96. Pingback: Limo Vancouver BC

  97. Pingback: دانلود فیلم

  98. Pingback: دانلود فیلم سریال

  99. Pingback: دانلود فیلم

  100. Pingback: buy home

  101. Pingback: پنجره دوجداره

  102. Pingback: دانلود فیلم

  103. Pingback: پنجره

  104. Pingback: авто-ключар

  105. Pingback: دانلود فیلم

  106. Pingback: پنجره ضد سرقت

  107. Pingback: اموزش ساخت پنجره دوجداره

  108. Pingback: https://independent.academia.edu/davidsonjorge

  109. Pingback: viagra

  110. Pingback: can you really buy weed online

  111. Pingback: Mitch McConnell

  112. Pingback: Vancouver BC

  113. Pingback: grafisch.SeniorenCentrum.nl

  114. Pingback: https://storify.com/JamesLynn290

  115. Pingback: window

  116. Pingback: دانلود فیلم اکسیدان

  117. Pingback: دانلود

  118. Pingback: دانلود

  119. Pingback: Yakima Web Marketing

  120. Pingback: watch porn on instagram

  121. Pingback: Bad Spiderman

  122. Pingback: قیمت پنجره

  123. Pingback: پنجره

  124. Pingback: seo white label reseller program

  125. Pingback: دانلود فیلم

  126. Pingback: Melvin

  127. Pingback: Seo

  128. Pingback: EVA TV

  129. Pingback: http://www.authorstream.com/dyngs1/

  130. Pingback: zobacz

  131. Pingback: EVA TV

  132. Pingback: live sex cams

  133. Pingback: maintenance

  134. Pingback: mais informa��es

  135. Pingback: karaj

  136. Pingback: download

  137. Pingback: download

  138. Pingback: دانلود سریال

  139. Pingback: garden bridges california

  140. Pingback: دانلود

  141. Pingback: پنجره

  142. Pingback: read now

  143. Pingback: Easiest Way To Make Money

  144. Pingback: personnel consultant

  145. Pingback: watch porn google

  146. Pingback: vape pen oil

  147. Pingback: cheap jordans

  148. Pingback: نهنگ عنبر

  149. Pingback: Washington Elvis

  150. Pingback: buy illegal backlinks

  151. Pingback: Agen Bola

  152. Pingback: www.youtube.com

  153. Pingback: test bank nursing

  154. Pingback: https://storify.com/jimstephenson20/followers

  155. Pingback: Judi Online

  156. Pingback: https://www.behance.net/infob0324f42

  157. Pingback: buy illegal seo

  158. Pingback: Largest Collection on the Internet

  159. Pingback: پنجره دوجداره

  160. Pingback: پنجره دوجداره

  161. Pingback: Recommended Reading

  162. Pingback: آینه بغل

  163. Pingback: نهنگ عنبر

  164. Pingback: music

  165. Pingback: Billiga Canada Goose

  166. Pingback: Stroller cover

  167. Pingback: gosexy

  168. Pingback: SkinAlley

  169. Pingback: Get the facts

  170. Pingback: child abuse and neglect registry

  171. Pingback: Basket Online dan Taruhan

  172. Pingback: dealfeed

  173. Pingback: Kisah Judi Online

  174. Pingback: maximainvestments

  175. Pingback: game hack

  176. Pingback: recommended you read

  177. Pingback: نهنگ عنبر

  178. Pingback: Bandar Judi Bola Selalu Online

  179. Pingback: lolinorgocd morewq

  180. Pingback: دانلود موزیک

  181. Pingback: this is a good site

  182. Pingback: Penggemar Olahraga

  183. Pingback: Google new cheat hacklinks

  184. Pingback: buy hacklink

  185. Pingback: link

  186. Pingback: pirater un compte facebook

  187. Pingback: 2 فیلم نهنگ عنبر

  188. Pingback: Oddsmonkey

  189. Pingback: Oddsmonkey

  190. Pingback: decorative doors

  191. Pingback: Oddsmonkey

  192. Pingback: Oddsmonkey

  193. Pingback: Oddsmonkey

  194. Pingback: Oddsmonkey

  195. Pingback: Oddsmonkey

  196. Pingback: envisionsolutionsnow.com/omega-xl-review/

  197. Pingback: consumerhealthdigest.com/prostate/prostara.html

  198. Pingback: cooking funnel

  199. Pingback: somulin review

  200. Pingback: eyevage review

  201. Pingback: menoquil

  202. Pingback: christmas 2017 coupon codes

  203. Pingback: stretchy car seat canopy

  204. Pingback: Car seat cover

  205. Pingback: Nursing cover

  206. Pingback: back cover cases for mobile phones

  207. Pingback: Google spam tactics

  208. Pingback: Hakukoneoptimointi Espoo

  209. Pingback: mobile accessories

Leave a Reply

Scroll To Top