Carollo's Blog on Real Estate- Featuring Queens and Nassau County Real Estate Information

Where is the Next Real Estate Rush?

So where is the next real estate rush?  In a Move.com article some points are given to serve as a guide on whether its time to buy or not.  Listed are the some things to look for:

• Low Housing Prices
• Stable Economy
• New Jobs/Plants/Federal Spending Planned
• Rental Vacancy Rate

Click HereTo Read the Entire Article Where is the Next Real Estate Rush?

Renting vs Buying

So is it better to Rent or Buy?  Move.com conducted a survey of renters to its site to help paint a picture of the costs of Renting to Buying. 

Take a look at NY

Median House Price   $518,100

Monthly Rent     $2260

Monthly Mortgage $3106

Mortgage/Rent Difference $846

To read the Move.com article which features a comparison of Rents to Monthly Mortgages in the top 20 Markets click here