Is it better to rent or buy a home?
Real Estate & Homes
The Pessimist’s Guide to Surviving the Fiscal Cliff
Whatever the budget deal, it probably won’t be able to prevent sluggish growth and the risk of rising inflation.
Millennials: Turns Out the ‘Entitled Generation’ Is Willing to Sacrifice
The idea that all millennials act the same way, or that millennials as a group are entirely self-centered and unwilling to sacrifice is just plain wrong.
Sandy Bump? Where Business Is Brisk After the Storm
No one should anticipate that a “Sandy stimulus” will kick the economy into a higher gear. Even so, Sandy has caused businesses of all shapes and sizes to be exceptionally busy — including a few you wouldn’t expect.
‘Hurricane Deductible’: Technicality Could Cost (or Save) Homeowners Thousands
Homeowners whose properties were damaged by Hurricane Sandy probably don’t care much about exactly how fast the storm’s winds blew. All they know is that it was strong enough to knock a tree down on the roof. But due to the fine print of insurance policies, the precise speed of the wind could mean a difference of tens of thousands of …
Highly Educated Have Biggest Debt Problems
The federal government is suing Bank of America for a $1 billion over the bank’s pre-crisis mortgage practice known as “the hustle.” But it wasn’t just naive home buyers who fed the financial crisis. Renters and the well educated had too much debt too, and a new study concludes that college graduates are most prone to debt mismanagement.
How Saving for Retirement Might Backfire
Saving for retirement is now the top financial goal of the vast majority of people who hold a job, according to a recent T. Rowe Price survey. That’s great news. We have a savings crisis in America and we’re finally taking it …
House Flipping Is Hot Again
Buying a home with the intention of reselling it at a profit in the near future made a lot of sense in 2005, when home values appreciated 20% nationwide. A couple of years later, as the real estate market collapsed and millions …
Is the Stigma of Ditching Your Underwater Mortgage Fading?
A good five years after the subprime mortgage crisis and housing bubble collapse, more Americans are deciding that it’s okay to just walk away. In a new survey, roughly a third of respondents said it was socially acceptable
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The Best Times to Buy or Sell a House
The housing market, a reliable bellwether of the economy, seems to be bouncing back.
Many of the nation’s largest home builders surprised analysts by reporting a profit in the quarter that just ended. Home sales continue to …
Real Estate Financial Fitness Q&A
Wondering what’s the latest in real estate? Every year, the Financial Planning Association of New York sponsors a “Financial Fitness Day” at New York University, co-sponsored by Moneyland. This year’s real estate discussion …
Why Risk is Back in Fashion
Fed Chief Ben Bernanke’s strategy for making risk fashionable is gaining traction. Affluent investors are jumping off the sidelines and home prices are getting a lift. We’re not out of the woods by a long shot. But do you really …