Why Rents Are Rising Now
Real Estate Tip:
Be very careful if you participate in a real estate auction. Auctions encourage impulsive behavior and at most auctions there's usually someone dumb enough to pay too much for a property-- better to let that person win. No one ever got rich paying too much for something!
Real Estate Insight:
In May, a record high of 50% of U.S. homes sold for more than their list price.