I’m a single, high-earning 52-year-old looking for a more stable lifestyle. Am I too old to buy a home?

Like many people during COVID, I reevaluated what I really want my quality of life to be. I’ve lived in big cities making a high salary, but I’m single and have been intimidated by homeownership only having one income source .

Do you have a question about buying or selling a home? Do you want to know where your next move should be? Email Jacob Passy at TheBigMove@marketwatch.com.Ah, the Great American Dream of a single-family home with the white picket fence. It can serve as a worthwhile goal for people to hold onto as they delve into their careers and squirrel away pennies here and there.

I read a tinge of regret in your letter — and I hope that you give yourself a pat on the back for the choices you made. For all the benefits homeownership provides, it’s not something to take lightly. You were right to second guess whether to take on such a major financial burden with only one income to rely on. And in most major cities across the country, being a renter and investing your money into other asset classes is a better gamble than buying a home, given how high property prices are.

“I do not believe that homeownership is a critical part of a financial journey, although the ability to cover housing costs is,” said Marco Rimassa, president and founder of financial advisory firm CFE Financial in Katy, Texas. “ Being a long-distance landlord isn’t easy. You may end up needing to hire a company to manage the property for you — representing another expense. ”

Source: Real Estate Daily Report (realestatedailyreport.net)

Of course not!!

You're never too old to purchase a home!

Lol 52 being too old to buy a home. How do people get brainwashed into thinking this way?

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

52 Clever Movie Details From The 1990s That You Most Likely Didn't Notice The First Time AroundAdam Sandler’s love interests in Billy Madison, Happy Gilmore, and The Waterboy all have double-V names.
Source: BuzzFeed - 🏆 730. / 51 Read more »

52 Of The Absolute Best Pictures From The Tokyo Olympics, Like These Are Actually The Best Ones Unless You Are A Terrible PersonI've seen a lot of pictures from Tokyo but these are by far the best ones. Appellate Court rules in DOJ favor BUT opens FRCP 58(b). I will never give up fighting for Whistleblowers. DOJ et al. violated this Whistleblower terminating his employment. Does DOJ want the plaintiff to work or sue for 750k? Love this!! But Christine Mboma's country is incorrect - she's from Namibia!! Agreed and this video
Source: BuzzFeed - 🏆 730. / 51 Read more »

Nicki Minaj to Jessie J: I Am Not 'The Damn Song Monitor'All this does beg the question: if Nicki Minaj isn’t the damn song monitor, who is?
Source: wmag - 🏆 723. / 51 Read more »

‘Better Call Saul’ Star Bob Odenkirk Updates Health Status: “I Am Doing Great”Better Call Saul star Bob Odenkirk took to Twitter late on Friday to update fans on his health. The 58-year-old actor, who plays grifter lawyer Jimmy McGill on the Breaking Bad spinoff, is on the m…
Source: DEADLINE - 🏆 109. / 63 Read more »

Bob Odenkirk Gives Brief Recovery Update Post-Heart Attack: “I Am Doing Great”The 'Better Call Saul' actor took to Twitter Friday night to acknowledge his supporters while joking that he's had his very own 'It's a Wonderful Life' week. Get well soon. Luve your best life & relax!!!! At least now he knows the vaccine is working amirite I can almost hear it in Saul Goodmen’s voice
Source: THR - 🏆 411. / 53 Read more »

I Am Begging the Celebs to Please BatheJake Gyllenhaal, not you too … jaquesafhaques
Source: NYMag - 🏆 111. / 63 Read more »