Category Home ownership

HOW MUCH HOME CAN YOU AFFORD? (AS REPORTED BY KATHRYN VASEL ON MONEY.CNN.COM)

This is a seller’s market when it comes to real estate. Lower inventory across the country is driving home costs higher. And so if you’re one of millions of Americans planning to buy a home this year, CNN Money wants you to keep a few things in mind. First, and most importantly, be honest with […]

TO RENT OR BUY? (AS REPORTED BY EMILY OSTER ON WWW.QZ.COM)

Emily Oster is an associate professor of economics at Brown University and answers readers’ letters in an advice column for Quartz. A recent letter asked a common question that many of us have, “Is it better to rent or to buy?” Emily’s answer was a unique one, and worth sharing. Overall, she says, if the […]

What Do You Need in a Home? (as reported by Joshua Becker on www.forbes.com)

Whether you are looking to buy or rent, moving into a new home can seem like a daunting challenge. Most people start with a list of things they want in a new home, and then ask themselves, or get asked by a broker, “What can you afford?” But this article from Joshua Becker on Forbes.com […]

5 Year Rule for Homeowners (as reported by Thursday Bram on www.moneyning.com)

A common piece of advice new homebuyers are likely to hear is that they should plan on staying in the same house for at least five years. Why is that? The basis for this argument is that if you decide to move and sell before five years is up, you will likely lose money on […]