Should You Rent or Sell Your Home? Making the Decision in Northern California

Should You Rent or Sell Your Home? Making the Decision in Northern California

My husband and I can’t decide between selling our house or renting it. We live in Northern California, in an area we don’t like. The house is cute, we have a 2.5% interest rate, and we have $262,000 left on our mortgage. The Redfin estimate for our house is currently $550,000. We took in a … Read more

Expert predicts housing market reawakening as mortgage rates fall below 5%

Expert predicts housing market reawakening as mortgage rates fall below 5%

House prices have reached a new all-time high and mortgage rates have started to fall – but that won’t yet be enough to revive the property market, according to an expert. Even as borrowing costs fall, keeping home buyers away, the “lock-in effect” of homeowners reluctant to sell and give up their current 3% or … Read more

My husband says we will be “homeless” if we continue renting. We are 68 and 74 years old: should we buy a house instead? – CNET

My husband says we will be “homeless” if we continue renting.  We are 68 and 74 years old: should we buy a house instead?  – CNET

My husband is 68 years old and I am 74 years old. He earns $250,000 a year. We rent a townhouse in a very upscale suburb in the Houston area, but our last rent increase was $300 a month! My husband wants to find a house for no more than $300,000 because he doesn’t want … Read more