The American rental climate has been favorable for landlords, and now the warm weather has spread to other parts of the world. UK private property landlords have seen strong increases in their own rental yields. Despite the dark reports of the UK property market, demand for quality rental properties is still increasing. It’s not just in some parts of the country. Rental sector landlords...
The number of seniors applying for reverse mortgages is going up, according to a new study by MetLife. The study finds that not only is that number going up, but seniors are demanding reverse mortgages at younger ages. The average age of seniors using reverse mortgages is 73, but 46% of homeowners considering it are under age 70. Essentially, more seniors are asking for reverse mortgages earlier...
Despite encouraging signs, the housing market is still not recuperating at a healthy pace. Home prices remain low, yet the buyers just aren’t there. But where one market drags, another one flourishes. Rental properties are providing huge returns for those able to make the investment. The price of rent has been increasing rapidly in cities all over the country. But the cities where demand...
So, you’ve rented, and maybe you’ve already owned a home, but, you’re back on the renting side. Somewhere, deep down, you’re questioning the economics of this decision and trying to determine if you should make the plunge to become a homeowner. After all, isn’t that the American dream? Not according to the census data, which has been continuing a trend towards...