Buying cheaper than renting in 3 of 4 housing markets
Monthly house payment on a median-priced home is more affordable than the monthly fair market rent on a three-bedroom property in 76% of the U.S. counties included in the analysis, according to the latest report from RealtyTrac. The report also ranked the markets with the best — and worst — potential returns on residential rental properties from a real estate investor perspective along with the most affordable — and least affordable — markets for renting from a renter perspec
When it comes to selling, money doesn't always talk loudest...
A new survey by Coldwell Banker Real Estate finds that despite a preponderance of multiple bids and offers above asking price, today’s home sellers are twice as likely to choose an offer based on emotion rather than money alone, compared to pre-recession years. “There is a notable difference in seller psychology today compared to 10 years ago,” said Budge Huskey, president and chief executive officer for Coldwell Banker. “Home sellers often want to feel emotionally connected
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