Many of the holidays we celebrate don’t actually make a whole lot of sense. Valentine’s Day is the day of the year we have designated to show that special person how much we care about them by taking out a second mortgage to pay for a dozen roses that are going to die in a week anyway.
A wise person once said that when the price of renting vs. owning your own home was equal, prices were at their comfortable median. Lately, I have been saying that when it is less expensive to own vs.
It seems as if everywhere you look, there is another headline decrying the collapse of the housing market and warning about the end of the world as we know it.
You hear the phrase “time is money” everywhere, but it’s not entirely true: money can be lost and regained (and then lost again, as a trip to Las Vegas can teach you).
The most common question I am asked is, “How is the real estate market?” My thoughts on the market are as much a feeling as a statistical analysis. I’m of the opinion that a combination of an emotional sensitivity (how buyers and sellers are reacting) and the statistics is the only way to yield a tr