Real Estate Advice From Around the Web
A weekly look at personal finance tips and insights others are offering.
Home prices are on the rise, according to the latest S&P/Case-Shiller Home Price Indices report. The Indices, which track residential housing prices in 20 cities, showed a 5.5% increase in prices in the 12-month period ending November 2012. With the housing market recovering, is now the time to buy a new home or invest in rental property before prices rise even more? Or are you better off renting now? Several personal finance bloggers share their advice on real estate matters this week.
When Does it Make Sense to Rent a Home Instead of Buy? [Money Smart Life] "Don’t assume you have to buy to be 'smart' or to be happy. It might work better for you to rent."
5 Types of Property Ownership -- Which Is Best for You? [Money Crashers] "All too often, people do not understand the differences and ramifications of the various forms of ownership until it is too late to change them."
Should You Finance Your Rental Property Purchase or Pay Cash? [Moolanomy] "I don’t know about you, but 24% returns sound a lot better than 9%."
How to Be a Profitable Landlord [Barganineering] "This post is going to walk you through some tips on getting started as a landlord and ensuring you don’t lose your mind -- or your wallet -- in the process."
The Pros and Cons of Renting Out Your House if You Can’t Sell It [Christian Personal Finance] "There are advantages and disadvantages when renting out your house, but depending on your circumstances it could work to your overall benefit."