Owning a home has historically symbolized the American Dream, but low inventory, availability of houses for sale, and home prices have prompted some prospective homeowners to rent.
Downsizing, upgrade, or relocation — any reason that prompts someone to sell at the time that is right for them may not be the time they can find adequate replacement, and so renting becomes a viable option, Aimee Buehner, an associated broker and sales/rental agent with Bowen Agency Realtors, said.