Thinking of helping your child with the downpayment for his or her first home purchase? The combination of low mortgage rates and low prices makes this a good opportunity for many to get into the homeownership market. Many parents are stepping up to help their kids take advantage of this. This CNN Money article sets … More Should you give your kid a downpayment?
If you are unable to sell your home in this real estate market and are unwilling to cave in to a further price reduction, you may consider renting out your home until the market turns around. This U.S. News & World Report article offers 5 steps that you should follow prior to renting your home. … More 5 Steps to Renting Out Your Home
The fear of buying has infected the real estate market according to this article from CNN Money. Despite the fact that home prices are low and interest rates are low, many buyers are afraid to commit to a purchase for fear that prices will go even lower and they will end up overpaying for a … More House hunters are too scared to buy despite low prices and low interest rates.