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Updated about 1 month ago on . Most recent reply
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Should i keep house or rent it in 2025
Bought a home in nc paid cash for it. Have my old home i moved from mn. I still own the home in mn at a 4.25% mortage. Trying to decide if i should sell and put money into stock market invest. The home in mn over 20 yrs averaged 2.8% increase per year. So thinking would do better with money in market. Not sure of housing in 2025 and future. Thanks for any thoughts.
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- Real Estate Consultant
- Mendham, NJ
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There isn't really enough information here for someone to give you good advice. Why did you pay cash for the home in North Carolina? What did you pay in MN and what is it worth now and what town is it in? Do you even want to keep the home in MN since you moved? It might be wise to sell it just from a management standpoint and reposition the money into some index funds and maybe another property in NC.
- Jonathan Greene
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