3 Pros And Cons Of Renting Or Owning A Home

Home ownership is highly valued in our culture. However, buying a home isn't the best decision for everyone. Examine the differences between owning and renting your home to help you decide if now is the time to buy. Effect On Flexibility Renters enjoy more freedom than homeowners. After the leasing period ends, renters are free to walk away and find a new place to live. Homeowners, on the other hand, are at the mercy of the market. Depending on the conditions, owners might have a hard time selling their property quickly. It also takes a lot more paperwork to sell…
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3 Ways to Reduce the Environmental Impact of Your Home Renovation Project

The right home renovation strategy can increase property values and improve the comfort and utility of your space. However, your actions could have a harsh impact on our natural resources. Here are several ways you can reduce your renovation's effect on the environment. Use Sustainable Products Choose Earth-friendly materials for a greener build. Try reclaimed flooring. Ask permission at construction sites or search internet exchange boards to find unwanted extras. With a little artistic imagination, you can turn those cast-offs into a unique visual display. Re-purpose existing material. Turn old doors into unique furniture pieces like tables and privacy shades…
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Case-Shiller Home Price Growth Slower in January

Home price indices issued by S&P Case-Shiller showed further slowing in home price growth in January. The national home price index showed 4.30 percent home price growth for the three months ended in January. Analysts expected home prices to grow 4.20 percent for the same period in cities surveyed by Case-Shiller. More cities reported declines in home prices than those that posted gains in home prices. The top cities posting year-over-year home price gains in the 20-City Home Price Index were Las Vegas, Nevada with 10.50 percent growth; Phoenix, Arizona posted a year-over-year home price gain of 7.50 percent. Three…
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Are Multi-Unit Properties the Right Move for You?

Real estate isn't a one-size-fits-all pursuit. Buying and renting multi-unit properties is one of the ways investors build residual income while increasing their property portfolios. However, multi-unit rentals come with some unique challenges. Are you ready to manage a multi-unit rental property? Ask yourself these questions to help you decide which path best fits your resources, goals, and interests. Do You Plan To Live On The Property? Living in one of your rental units offers a myriad of benefits. First, you get to keep a close eye on building conditions and the actions of your renters. Next, you'll be able…
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14 Remodeling Projects That Increase the Value of Your Home

Your home is likely your largest investment. Beyond repairs and regular maintenance to keep it clean, comfortable, and safe, there are a number of projects that can increase the resale value of your property. These renovations top the list of changes you can make that positively impact your home's value. Kitchen With the right strategy, your kitchen remodel could return up to 92.9% of your construction investment. The trick is to not overdo it. You don't need to gut and rebuild the entire room. Instead, make strategic upgrades that increase the comfort and usability of the room. Paint wooden cabinets…
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