Posts with tag rent versus buy

Home Buying: Burned Mortgage Borrowers Want to Rent

Burned mortgage borrowers will more likely rent rather than buy another home, says the most recent nationwide survey released by Fannie Mae. Fewer Americans think the market has bottomed out and the idea of homeownership as a safe investment continues to drop. Just 68 percent of Americans think it's a good time to buy a... Continue Reading »

Jane Seymour's L.A. Home: For Sale or Rent

Many people put their property on the market for sale or for lease in an effort to maximize their chance of having money come in. Actress Jane Seymour and her husband, actor/producer James Keach, have put their Sherman Oaks property on the market for $2,195,000 or for lease at $5,900, adding their names to those who are... Continue Reading »

Why Facebook's Billionaire Founder Rents

What kind of a billionaire tech genius rents? Apparently the Mark Zuckerberg kind. So when recent news hit that Facebook founder and "The Social Network" subject Zuckerberg rents a month-to-month apartment in Palo Alto, Calif. many observers were puzzled. After all, Bill Gates paid over $1 million just in 2009 property... Continue Reading »

Rent vs. Buy: Why Scales Tip Toward Renting (but Not Always)

When Susie Figueroa, 42, and her husband bought their bi-level three-bedroom home in Portage, Ind. for $135,000 five years ago, they did so believing that it would serve as a mandatory savings vehicle. Recent events have tested that belief. The number of households renting an apartment or house rose by 3.4 million between... Continue Reading »

From Home Owning to Renting: Where to Begin

You've finally sold your house and have made the decision that you don't want to go through that again. But you've owned a home for so many years now-you can't remember the rules of renting. Whose responsibility is the leaky faucet? Do you have to buy your own clear plastic recycling bags? While some answers will vary... Continue Reading »

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