The latest Gallup poll shows that the average American has a lot of problems, but owning a home is not one of the biggies any more. Right now, more Americans are concerned about healthcare costs, low wages and a lack of jobs. When it comes to the capital markets, they worry about the cost of […]
Renting vs. Owning a Home
In this real estate market are you better off owning a home or renting? Kiplinger has the answer in this short video… Questions or comments? We’d love to hear from you. Just click the comment link below and tell us what’s on your mind.
5 Reasons To Buy A Home
Recent events in the housing market have many people questioning if home ownership is still something to aim for. Even as the nation continues to recover from the economic downturn, the benefits of purchasing a home of your own remain as strong as ever. 1. Good Investment Renters receive no return on what they pay […]
Tax Differences Between Buying and Renting
Owning your own home is part of the American dream. But according to a recent Wall Street Journal article, owning a home is not always the best idea. Some Americans who cashed in on the $8,000 first-time home buyers credit before it expired in April 2010 got a bad deal. The credit pushed up sales […]
Condos and Townhouses – Alternative Housing Options
Condominiums and townhouses are going up in higher numbers these days. Living in a condo or a townhouse is a great choice for people who are attracted to the idea of owning a property at a fairly inexpensive price and yet is well-situated in the city. Of course, one of the greatest things about condo […]
Owning Versus Renting a Home
Owning versus renting is both a financial decision and an individual one. Arguably, renting provides more flexibility and freedom, the freedom to move when one wishes (depending upon lease terms of course) and where one wishes. As a renter, one has little or no real responsibility for repairs, maintenance, and other costly and time-consuming aspects […]
Is It Becoming Time to Buy a House?
Given the recent experience in housing is real estate an asset that should be abandoned? Obviously not but that mentality has grown dramatically within many segments of our nation. Can you blame people for never wanting to venture back into the real estate market? No. It is understandable but it is not real estate’s fault. […]
Rents Could Be On The Rise
Renters Beware: Double-digit rent hikes may be coming soon. Already, rental vacancy rates have dipped below the 10% mark, where they had been lodged for most of the past three years. By 2012, some are predicting the vacancy rate will hover at a mere 5%. And with fewer units on the market, rental rates will […]
Homes No Longer Key to Retirement Savings
There was a time when U.S. homeowners could proudly point to their homes as the key to their retirement years. Home values, after all, were soaring every year during the great housing boom. Homeowners could dream of selling their residences for big dollars, enough to fund their retirement plans. However, those days are long gone. […]
85% of Recent Home Buyers See Their Home As a Good Investment
The National Association of REALTORS® just released their 2010 Survey of Home Buyers and Sellers which shows that people still look at home ownership as a good long-term investment and the typical seller is experiencing positive returns from home ownership. As expected, job security concerns were among the highest in eight years of sampling. A […]