Apr 25th 2013 10:15AM
By Benjamin Feldman At this time, when housing prices are starting to rebound and interest rates are still very low, a lot of people are saying that you should buy a house in 2013. But is homeownership the right choice for your finances? The answer, of course, is "it depends." However, for many of us there is a clear... Continue Reading »
Oct 5th 2012 11:59AM
Isra Hashmi is one of the lucky ones. And even so, she's watched her mother sink under a $700,000 mortgage for a home in California that she never could afford to begin with on a physician's income. Hashmi's mother eventually had to walk away from the house. She's seen her brother have to abandon his home, too, after... Continue Reading »
Jul 7th 2011 12:10PM
The average consumer expects home prices to decline by at least 0.5 percent in the next 12 months, according to a new monthly consumer survey from Fannie Mae. That forecast reverses the trend from May, when most consumers interviewed by the government-sponsored enterprise said that they expected at least a slight home... Continue Reading »
Jul 5th 2011 1:30PM
If your rent went up this spring, you are not alone. The rental market is playing out a classic supply-and-demand scenario: Demand is increasing and supply has remained neutral as existing renters have stayed put. Add to that rising costs for oil, and gas, and the result is a bigger monthly tab for renters. In the first... Continue Reading »
Jun 8th 2011 3:10PM
When Dr. Alexis Roettinger returned last year to Newport, R.I., she knew it was worth it to buy a house. After completing her medical residency in Buffalo, N.Y., she had landed a new job at the local hospital in the seaside city where she grew up. Roettinger, 35, knew she'd be staying a while. To save money for a down... Continue Reading »
