Investors Rental Home Soars in Value

Investors Rental Home Soars in Value:

"The octagonal home is in Dillon Beach, Calif., and was built in 1976. It's on a bluff with ocean views. The residence has three bedrooms, three bathrooms and a fireplace. The house includes a 400-square-foot garage for two small cars. Dillon Beach overlooks Tomales Bay and is popular with seasonal and full-time renters. The community is about 30 miles from Petaluma, Calif.... Investor Rental Homes

Purchase price: $450,000. Ms. Janssen bought the property with her son, Evan Blacksea, now 25, in 2000. She placed a 20% down payment and financed the purchase with a 30-year fixed-rate mortgage....." Invesors Rental Homes

Kentucky Insurance

April Pending Home Sales Index Fell

"The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in April, fell 3.2 percent to 101.4 from an upwardly revised level of 104.8 in March. The index registered 99.3 in February 2003...." Home Sales
rental property