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Three reasons to buy a second home  
Oct 09, 2007, 5:00 am PDT : www.inman.com

Editor's note: Robert Bruss passed away on Sept. 26, 2007. This was one of the last real estate columns he wrote. Inman News is publishing Bob's last work as a final salute to the nation's most well-known real estate writer.

According to Craig Venezia, author of "Buying a Second Home," there are three primary reasons for buying a second home: investment (rental income and market-value appreciation); getaway; and/or retirement. His new book explains all three motivations, along with their pros and cons, and how to combine them as the owner's lifestyle changes.

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Market looks good for landlords  
More Americans are renting as foreclosures and risky lending roil the housing market.
By Matt Woolsey : www.forbes.com
 


Whether they're waiting out the housing storm, or smack in the middle of it, an increasing number of Americans are choosing to rent, not own. And that's good news for landlords and investors.

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House hunters find "buyer's paradise" in Detroit  
By Nick Carey Sun Oct 7, 2007 : www.reuters.com  


DEARBORN, Michigan (Reuters) - Robert Neal is in heaven. "This is not a buyer's market, this is a buyer's paradise," said the 37-year-old former auto worker as he waited for a foreclosure auction to start in this Detroit suburb.

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