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23
(15 votes, average 4.53 out of 5)
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House -
Buying Real Estate
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Written by Karl Wolf
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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.
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Read more: Buy or Rent: They Both Suck
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435
(5 votes, average 4.80 out of 5)
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House -
Buying Real Estate
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Written by the frugal nomad
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Monday, 12 July 2010 03:30 |
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Size matters – especially when it comes to homes. The original purpose of housing was to provide a little privacy, give  you 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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Read more: You'll Sleep Better in a Smaller Home
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430
(6 votes, average 5.00 out of 5)
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House -
Buying Real Estate
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Written by Omie Ismail
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Wednesday, 07 July 2010 03:21 |
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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  lower. 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:
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Read more: 5 Reasons Low Interest Rates Won't Jack Up Housing Prices
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428
(9 votes, average 4.11 out of 5)
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House -
Buying Real Estate
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Written by Ahmed Amr
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Tuesday, 06 July 2010 03:25 |
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We know the old saying “when life gives you lemons - make lemonade.” We all get our share of lemons - sometimes a bit more than our fair share. But sometimes a financial setback can give you  perspectives, teach you lessons and hand you opportunities that pay off life-time dividends.
Let’s start with lessons learned. Always pay attention to extraordinary popular delusions and the madness of crowds. The crazed crowds didn’t just believe that housing prices could never tank - they thought that home values would continue their stratospheric rise. There was one simple indicator they forgot to pay attention to - affordability. When people with median incomes can only dream of affording the median priced house - that’s all you needed to know. Here's some sage advice backed up by the best articles we have on real estate.
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Read more: Make This Recession the Best Thing That Ever Happened to You
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375
(6 votes, average 4.33 out of 5)
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House -
Buying Real Estate
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Written by Ahmed Amr
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Monday, 24 May 2010 02:57 |
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Everyone who has ever rented knows how difficult it is to find the right apartment on a budget. But you don’t have to have a big bankroll to get a great rental, you just need to follow these eight steps. Oh, and if you are buying a house, you can use nearly the same method, just swap 'landlord' with 'seller'.
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Read more: 8 Steps to Score the Perfect Pad Cheaply
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