with Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL
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Terry wants you to know if you’re getting caught in the renter’s trap. Real estate tracker Zillow reports that renters are now paying close to 30% of their income to rent while home buyers are paying considerably less towards their mortgage. So find out if you’re in the renter’s trap and if purchasing a home makes more sense for you as the FHA eases up on lending standards.
Terry also talks about fractional ownership of a second-home and whether there is price appreciation and liquidity in that market.
Finally, she talks about cities in Florida that offer a considerable cost of living advantage relative to other parts of the US, specially for retiring baby-boomers.
