Right now, home prices continue to fall, but rents are on the rise and if you don’t know when to change horses — or don’t have the option — you could find yourself in the middle of the stream.
by Broderick Perkins
© 2011 DeadlineNews.Com
Unauthorized use of this story is a copyright violation -- a federal crime
Deadline Newsroom - Volatile Rental Market Could Make, Break Homeownership Plans
The rent-vs-buy decision is more than a calculated comparison of financial costs.
It's also about timing.
Right now, home prices continue to fall, but rents are on the rise and if you don't know when to change horses -- or don't have the option -- you could find yourself in the middle of the stream.
The housing bust and subsequent economic downturn forced many homeowners to retreat to the rental market. For others, falling home prices prompted them to put off homeownership longer than expected.
Early into the bust, high rental vacancies made for cheaper rents and renting became an overnight sensation.
But that's changing just as quickly as skyrocketing home prices plummeted back down to earth.
Read full story: "Volatile Rental Market Could Make, Break Homeownership Plans"
• Click on the keywords below for more stories on this subject.
© 2010 DeadlineNews.Com
Advertise on DeadlineNews.Com | Shop DeadlineNews.Com
Get "News that really hits home!" for your Web site or blog from the DeadlineNewsGroup.Com.
You are reading a sample of "News that really hits home!" now available from several beats and published in a growing number of locations.
Broderick Perkins, an award-winning consumer journalist, parlayed 30 years of old-school journalism into a digital real estate news service, the San Jose, CA-based DeadlineNews Group, including DeadlineNews.Com, a real estate news and consulting service and Web site, and the Deadline Newsroom, DeadlineNews.Com's news back shop.
Under the DeadlineNews Group umbrella:
Perkins was the first Examiner to cover three beats for the Examiner.com news service:
• National Real Estate Examiner
• National Consumer News Examiner
• National Offbeat News Examiner
Other DeadlineNews Group Feeds are available from DeadlineNews.Com.
DeadlineNews.Com's Editorial Content Is Intellectual Property • Unauthorized Use Is A Federal Crime
Wednesday, June 29, 2011
Volatile rental market could make, break homeownership plans
From The Deadline Newsroom on 6/29/2011 06:00:00 AM
Labels: Broderick Perkins, Deadline Newsroom, DeadlineNews.Com, housing, real estate, rental housing, renters, renting, rentvsbuy
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment