As you face this question you will find tens of reasons to justify either decision. This is a new market for everyone involved. There are many new unintentional landlords, just as there are many, many unplanned renters. In each group there are people that embrace the new path they are on, but there are just as many that are uncomfortable with the path; landlord and renter, home buyer and home seller all included.
So what does this mean to you and how does it play into your decision to buy, sell, lease or rent your property?
Here it is, the secret to it all!! If you are looking to justify your decision
then get online and Google your choice and find 10, 20, 30 experts that support what you have decided to do- and embrace what they have to say. On the other hand, IF what you want is peace of mind and to make the best possible decision for you and your family, based on current market conditions, projected trends, and anticipated future life changes- then do some self examination. Dig deep, talk with your family, and look at all the factors that weigh in on your family’s choices- not those of the Wall Street Real Estate Expert on the 6pm news. What is right for you and your family may not match all the hype- but it is YOUR right choice.
Self discovery is not always easy, and is often not pretty, but in the process you can discover your motivations, dreams, desires and goals for you, your spouse, your children- or planned children, your job, your lifestyle, your wants, your needs, the list goes on and on!
Empowered with this information you, and only you, can make the decision that fits you and YOUR family!