27 Mar 2019
By RESCO Realty

3 Pros And Cons Of Renting Or Owning A Home

Real Estate, ,
Home ownership is highly valued in our culture. However, buying a home isn't the best decision for everyone. Examine the differences between owning and renting your home to help you decide if now is the time to buy. Effect On Flexibility Renters enjoy more freedom than homeowners. After the leasing period ends, renters are free to walk away and find a new place to live. Homeowners, on the other hand, are at the mercy of the market. Depending on the conditions, owners might have a hard time selling their property quickly. It also takes a lot more paperwork to sell…
Read More
15 Jan 2019
By RESCO Realty

Big Cities vs. Secondary Markets: Where to Buy?

Real Estate, ,
Atlanta, Charlotte, New York and Los Angeles are always on the real estate radar because of big ticket sales and good media coverage. The secondary markets - those markets without the celebrity undertones - may actually be better deals. With the price of borrowing money rising and occupation rates dropping in primary markets, places like Nashville and Birmingham are looking better to investors. Where Are the Secondary Markets? A secondary market is generally defined as a mid size or large city that has recorded an uptick in growth in the immediate past. They do not have quite the economic clout…
Read More
31 Oct 2018
By RESCO Realty

Case-Shiller: Home Price Growth Slows to 20-Month Low

Real Estate, ,
Home price growth slowed to its lowest rate in 20 months according to the 20-City Home Price Index issued by Case-Shiller. After years of dismal readings, Las Vegas, Nevada led the cities included in the index. Top three cities for August included Las Vegas, Nevada where year-over-year home prices grew by 13.90 percent. San Francisco, California saw home prices increase by 10.60 percent year-over-year and Seattle, Washington home prices rose by 9.60 percent year-over-year. August's 20-City Home Price Index overall reading fell below six percent for the first time in a year. Cooling Home Price Growth Helps Balance Housing Markets…
Read More