A new article over at Investing Page from Roger Sorensen who is the editor there on Real Estate investing on some of the options you have if you purchased a second home that you're considering selling:
If you bought the house because you wanted rental income, or had a good tip from a friend, perhaps you should sell. Housing is a cyclical market and what goes up will come down. At this time, the fourth quarter update of the 2005 Global Insight/National City Housing Valuation Analysis notes that affordability is at its lowest point since 1991. This is due to the twin factors of rising interest rates and high home valuations.
Real Estate Investing
June 11th, 2006 at 06:01 pm