I get this question a lot and it’s a valid question. Heck, it’s one I often ask myself as well. Owning a home in the long term has more benefits than detriments, but with the current financial climate, you have to ask yourself:
“If I’m renting my current place for $900 a month - […]

In an article titled “Still Think That The Housing Bubble Is The Fault Of The Buyers And Not The Lenders?”, I proposed that while borrowers were not completely innocent, the lenders were still using quite devious practices to lure the borrowers into the fire.
If you’ve been following the news at all, you’ve no doubt heard […]

We’ve all heard the term, “McMansion”. Wikipedia defines it as such:
McMansion is a slang architectural term which first came into use in the United States during the 1980s as a pejorative description. It describes a particular style of housing that—as its name suggests—is both large like a mansion and as generic and culturally […]

Catherine Reagor, one of the Arizona Republic’s reporters on Arizona real estate, released this gem onto YouTube the other day and I had to repost it for your viewing pleasure.
The guy can’t hold a beat, looks a little awkward, and he completely and almost purposefully ruins a great song, but it’s just so darned applicable […]

Got this in my email box this morning and couldn’t help but giggle. I’ve written about depreciation in the housing market, job layoffs, people being stuck in houses they can’t afford, facing foreclosure, but at the end of the day…
Things could be worse!
If you had purchased $1000 of Nortel stock one year ago, it […]