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Buy or Rent a House: They Both Suck Print E-mail
(16 votes, average 4.44 out of 5)
House - Buying Real Estate
Written by Karl Wolf   

Now that the real estate market has tanked for three consecutive years, renting doesn't seem like such a bad idea. Until 2007, buying was considered the only financially sane option, a view strenuously espoused by those who profit handsomely every time a house is bought or sold - real estate agents. It goes without saying that you're likely to get a much better deal today than if you'd taken the plunge in 2005 or 2006, when every financial expert and his brother were touting home ownership as a no-brainer.  But should you buy or rent?

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The Housing Meltdown - Reasons Print E-mail
(6 votes, average 4.17 out of 5)
House - Buying Real Estate
Written by livecheap staff   
Wednesday, 06 October 2010 03:24

During any financial meltdown, whether personal or national in scope, there's always going to be finger pointing. People look for elaborate reasons why things happened ranging from mass hysteria to unscrupulous profiteers. People will list dozens of reasons, nearly all of them orchestrated by people outside of their crisis-defined group. But the primary driver of all of these fiascos can be abbreviated with three letters: OPM. Someone asked me my thoughts on how the housing market could have gotten so out of whack and my simple answer was OPM.

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Is Now a Good Time To Buy a House? Print E-mail
(7 votes, average 4.43 out of 5)
House - Buying Real Estate
Written by Ahmed Amr   
Thursday, 09 September 2010 03:31

There is always a bottom to every market and recent statistics existing home sales make us wonder how much lower can home sales actually go.   In July, existing home sales plunged 27% from June to a 15 year low.  Some of that was to be expected with the government home buyer programs ending.  But the magnitude of the drop makes you wonder, when will this real estate market hit bottom?  Is now a great time to buy, or is that still years away?

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You'll Sleep Better in a Smaller Home Print E-mail
(8 votes, average 4.25 out of 5)
House - Buying Real Estate
Written by the frugal nomad   
Monday, 12 July 2010 03:30

Size matters – especially when it comes to homes. The original purpose of housing was to provide a little privacy, give Condosyou shelter from the elements and a place to horde your food. I think we’ve all inherited a few territorial genes, but excess space can be a very expensive proposition. From a financial point of view, there’s no difference between having a room you never use, installing a second "decorative" dishwasher in your kitchen or keeping a few spare cars in your driveway "for emergencies."     

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5 Reasons Low Interest Rates Won't Jack Up Housing Prices Print E-mail
(6 votes, average 5.00 out of 5)
House - Buying Real Estate
Written by Omie Ismail   
Wednesday, 07 July 2010 03:21

Interest rates are at or near record lows. For years, the real estate industry has prayed for low interest rates. Low interest rates let you afford more house because mortgage payments are Houselower. In most scenarios as we saw in starting in 2003, a lengthy period of low interest rates starts driving up housing prices which makes everyone in the real estate industry from home builders to real estate agents giddy. So with interest rates plunging to all time lows, does that mean we are going to see another jump in prices? Don't count on it. Here's 5 reasons prices won't be rising due to lower interest rates:

Read more: 5 Reasons Low Interest Rates Won't Jack Up Housing Prices
 
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