Millionaire Mommy Next Door recently posted a series on renting vs buying which was quite interesting. She takes the view that renting can be much more financially rewarding than home ownership and gives her own situation as the example.
Except in this case the bubble will never pop. It will plateau (people always need a house). What will pop is local economies - when Arran all of a sudden needs hospitality staff, whisky distillers or whatever, and it can’t find them because all the potential employees had to move away, the tourism sector will fall over as people find better places to go on holiday nearby.
Now that the housing market has picked up, does it still make sense to rent out your old home? In 2010, when it was very difficult to sell a home, renting out your home was a great alternative. Fast forward to 2015 and the housing market is rocking like it was 2006. My brother has been looking for a ...
If you’re considering moving to North Carolina, we’ll ask you one simple question: why haven’t you already? With great weather, a breathtaking climate, a thriving job market and some of the nicest neighbors around, North Carolina has become one of the top destinations for young professionals, growing families and retirees.
Read the latest real estate news, find homes for sale, and get advice from leading real estate experts for homebuyers, homeowners and sellers.
One way to tell whether buying a home right now is a good time or not is seeing what the stock market is doing. The stock market reflects earnings expectations 6 – 24 months in advance. You can investigate further and look at sectors in which your location has large exposure e.g. tech in San ...
Moving day is fast approaching for me, and I have a little problem to overcome: I’m taking everything in my car. I’m not getting a moving van because I just don’t have enough stuff to justify it.
It takes some sleuthing skills to track down the right property in the right neighborhood. Here are the key factors to consider before you even contact a real estate agent.
1. Loans versus Leases. Loans enable people to buy things. A lease is a rental agreement. Once you make all the payments on an installment loan, you actually own your car; whereas, when all the payments are made on a lease, you own nothing.
Knowing if you can afford to buy a home is about more than just money. Shutterstock Making the leap from renting to buying is thrilling and liberating — for many, it signifies the realization of ...