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Investor's Business Daily: Where Are Home Prices Going? Risks Lurk Despite Gains

By Kathleen Doler. Are housing prices finally rebounding for good, or are recent upticks just seasonal gains, with more home price pain to come?

August 02, 2012

...Other positive signs for housing? Rents are rising again, making buying more attractive to people who want to own instead of rent and to investors buying rental properties.

"Prices are very attractive relative to interest rates, and in 85% of markets it is better to own than to rent," Richard Green, director of the University of Southern California Lusk Center for Real Estate, said in a statement...

For the full article, see the link below:

Link: Investor's Business Daily