From the category archives:

Housing

Despite the tepid national economy, home ownership remains one of the cornerstones of the American dream. For most people who are responsible with their mortgage application, it’s still a great investment for the long term.
But it’s not as easy as it sounds. For scores of prospective homeowners, the prospect of finding, then financing a [...]

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Supply and demand is an economic principle that we know all too well. When demand goes up, prices tend to follow. When supply is high, expect discounts.
Thanks to supply and demand, we might be moving to a bigger apartment. Let me explain…

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Off and on, I’ve been thinking about buying a rental property but for some strange reason, the idea of Real Estate Investment Trusts (REIT) never crossed my radar. Over the weekend, a conversation with a former coworker sparked my interest in this sector again, and this time, I decided to compare a rental property [...]

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If I had my way, the realtors will all be regulated. The financial advisers are regulated, and the accountants are part of the association that governs how they are supposed to conduct business. Why not the realtors as well?
Never mind our 401k and taxable investment accounts. The house is the biggest asset [...]

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We hear about all those people who are underwater on their mortgages, and we hear about the incredibly high amounts of distressed properties on the market today. Yet, many of us never really come across the foreclosure process. Is it really that bad? Is it really happening everywhere?
As I write this, I’m [...]

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Emma and I caught the “house hunting bug” lately – we have been touring a ton of houses. The whole process is similar to advertising in that the more houses we look at, the more we want to look (and buy). No wonder my realtor was so aggressive even though we told her [...]

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California is a beautiful place to live in since there’s no shortage of pacific ocean views down here. The gorgeous surroundings and year round perfect weather have attracted many who want to buy a house here. During the last decade, this went to the extreme as home prices went through the roof..
I frequent [...]

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With foreclosure rates sky rocketing and no end in sight, banks are much more willing to negotiate with homeowners on the specifics of their mortgages. These days, “loan modification” have almost become an industry by itself as banks allocate more and more resources to work on this.
Sparked by all the news surround it, a [...]

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Thanks for everyone’s help when I asked Where I Should Live in 2009.  The responses were great and I want to highlight a couple in particular that we can all learn from:
marci wrote:
You have a month to make up your mind – so take it and use it for the rest of your home ownership [...]

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I read in the paper on Sunday where an article suggested that instead of all the silly bailout, we ought to pass legislation to let homeowners deduct $2 for every $1 of interest that they pay. It’s a creative way to help the troubled housing and financial markets and one that I’d like to [...]

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Reader Mike heard on 60 minutes that the lack of government regulations were part of the cause of the mess that we are in with the stock market.  He suggested that I look into this and more specifically write a post that spells out what happen, why it happened and what is being put in [...]

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I saw an ad in the paper featuring the new housing development we almost bought in March of 2007. It brought back a flood of emotions when I saw it because while I still very much want to live there, I was glad that I didn’t jump in with both feet because it was [...]

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When I rented the new apartment back in February, one item that surprised me was renter’s insurance.  I never purchased something like this before but it certainly caught my attention when I was told that it would be mandatory.  At the time, I contemplated on the extra $18 dollars a month and I decided to [...]

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With the housing market in one of the biggest slump in decades, I’m contemplating the possibility of buying an investment property.  Those who know me will probably think that I’m nuts because I don’t even own a primary residence but let me explain the reasons why I haven’t bought a house in more detail.
Current Living [...]

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