At 62 yrs old, should I buy a home or keep on renting?I qualify as a first buyer having sold my home 5 yrs ago. I have great credit and have a pre-approval letter from a lender. I work for the federal govt. at a secure job and will stay there as long as I can; my wife does not work. Should I buy a house now, or rent for another year to see what the housing market does? I live in Florida where they say that it will be a year or so before the market here becomes normal.July 30 2009 - Fort Lauderdale00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.