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Crisis continues unabated for new home buyers  The explosion in home values due to low mortgage rates, creative financing and our growing population has caused one of the most urgent problems in Lee County: the scarcity of


Blue chips offer the best relative value  On May 1, 2006, we authored an article for MarketWatch headlined, "A time for caution." The article described three headwinds --soaring energy prices, higher interest rates and a softening housing


Willis Moves to the Top of Trump Tower  BRUCE WILLIS is living in style while he films new movie PERFECT STRANGER with Hollywood neighbour HALLE BERRY in New York City - by renting an apartment at the top


Strategic Pricing  When you decide to sell your home, your next decision is key to the sale--"How much should I ask?" If you ask too little for your home, you could sell


U.S. housing market overheating  Most of the U.S. housing market is now showing signs of overheating, with more than two-thirds of the country's biggest cities experiencing steamy, if not outright frothy conditions, according to


E*Trade Sells $3 Billion of Mortgage, Municipal Bonds (Update4) (Bloomberg.com)  Jan. 9 (Bloomberg) -- E*Trade Financial Corp., the worst performer in the Standard & Poor's 500 Index last year, sold $3 billion of mortgage-backed securities and municipal bonds to bolster

September 27th, 2005

Renting seen as cheaper option

Homeowners are being tempted to cash in the windfall equity in their homes in favour of renting as mortgage payments and rents fall out of kilter.

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