Own vs. Rent: A Growing Reason to Buy
Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting … Continue reading
Monthly Archives: November 2011
Condos: Buyers needing FHA loans shut out of buildings
Sellers of South Florida condominiums, buffeted by the devastating housing downturn, are bracing for another blow caused by prospective buyers’ problems getting mortgages. Buyers who want loans backed by the Federal Housing Administration are being … Continue reading
Farmers, outside investors bid up local ag land
Kern farmland has become one of the county’s hottest investments, due in part to broadly higher commodity prices and growing demand for land with vested water rights.People in the industry say large farming companies are … Continue reading
One Antidote to Foreclosures: Good Schools – Developments – WSJ
Highly ranked school districts may have been spared the worst of the foreclosure crisis, according to a new analysis, showing that the housing crash was akin to a tornado that tore through wide swaths, but … Continue reading
South Florida attracts domestic home buyers, too
New Yorkers, Washingtonians and Atlantans are logging more and more internet searches for South Florida real estate, a sign that the region’s troubled housing market could receive even more outside investment in the future. In … Continue reading
The Benefits Of Buying A Home With Cash – Forbes
When a 62-year-old financial advisor bought a two-bedroom Manhattan co-op recently, he showed up at the closing with a check for the full $970,000 purchase price. No mortgage? “The money I had in cash was … Continue reading