Real estate: It’s time to buy again

Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. From his wide-rimmed cowboy hat to his roper boots, Mike Castleman fits moviedom’s image of the lanky Texas rancher. On a...

Phoenix Rebounding as Winter-Visitor Mecca

Things are looking good for the Phoenix real estate market. This season’s influx of snowbirds delivered the best numbers in years for the Valley’s winter-visitor industry. The snowbird season started to rebound last year, and the trend has continued as...

Housing Gloom Doesn’t Extend to Rentals

Not all real estate is in the dumps. Housing data due this week aren’t likely to be encouraging. Figures Monday are expected to show sales of existing homes fell nearly 4% in February from January. On Tuesday, the government’s index of home prices is...

They’re Rich, They’re Famous and They’re Renting

“Even celebrities are renting! Good news for landlords.” – Jason Hartman More people are becoming renters these days, some by necessity and some by choice. Among those are celebrities who surely have the money to buy a home, if they chose. One famous...

Consumer Take on Inflation May Be Different From Fed’s

The cost of the two items that tend to hit American pocketbooks the hardest – food and gas – are soaring, crimping the buying power of so many already-strapped consumers. Still, the Federal Reserve maintains inflation is not an issue. After Thursday, it may be an...
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