When deciding whether or not to buy a home, one consideration will be the cost of alternative housing options. Renting an apartment is one such alternative. So, where are rental prices heading over the next few years? Rental prices usually increase by about 3 percent annually. Trulia just released their Trulia Rent Monitor where they revealed that rental prices …
Tag Archive: real estate investment
Mar 21
Rents Rising as Rental Availability Shrinks
Because of the challenges in the current economy, many families have either decided to rent or been forced to rent. How has this impacted rental options and the cost of the available options? HousingWire recently quoted Paul Dales, senior economist with Capital Economics: “As a consequence of Americans being less willing and less able to buy …
Sep 01
Money to buy your home and fix it up also!
FHA 203K Program Whether you’re looking at a foreclosed home, a bank REO, a Short Sale or really any home, you need to be aware of the FHA 203K Program. The general condition of real estate has taken a dip over the past few years, as homeowners are not sprucing up their home as they have …
Feb 23
Despite fall, home values still almost 10% higher than 1990
The era of get-rich-quick real estate is dead. The era of increasing long-term wealth in your home is back. Since 1968 home prices exceed inflation Based on data since 1968, nominal U.S. home prices have risen 5.5 percent annually and outpaced inflation by about 1 to 2 percent, says Lawrence Yun, NAR’s chief economist. …
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