Sell or Hold? Top Cities Where Homeowners Stay Put—and Where They Move Fastest » Mortgage Masters Group

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We are in a very fortunate position of being able to pay off the mortgage within the first half of this year. We live in a modest house, with a small back yard, larger than average front garden and one less bedroom than I’d ideally like – our youngest two DCs share a room.

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Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices – Maggie Rose, Realtor, Presents South West Florida Luxury Homes

What you buy for $200,000 today could sell for $260,000 down the road. You have tax advantages. Many of the costs of owning a home-like property taxes-are tax deductible. And if you’re paying off a mortgage, you’ll get to count your mortgage interest as a deduction when you file your tax return. You have the freedom to renovate your house.

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How Long Can You Stay in Your Home After You Stop Paying the Mortgage?

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The rest of the top 10 metros where homeowners stay the least amount of time are Grand Rapids, MI (51 months), at sixth, followed by Knoxville, TN (54 months); Boston (57 months); Omaha, NE (66.