Atlanta Apartments | When to Rent, When to Buy

A good cause for pause is deciding whether to rent or buy. In the current economy, some people think renting is best because it affords time to save, assess and make a composed decision. But buying also has advantages. Home prices are extremely low. The recession has put pressure on sellers to part with their property. This is opening the market up to attractive deals. But the most important thing is to make the decision based on your personal financial situation. It's the only way to make the right decision.

I am ready as you are for a real turn of the economy. For several weeks now we’ve been hearing of so-called “green shoots” -- that is, little signs of life in the economy that foretell a recovery. This imagery coincides with spring having sprung. It seems very human. Our spirits rise with the better weather, the warmer temperatures, the return of baseball, and we see encouraging signs all about us. As I said, I’m ready for recovery, but I’ve got to ask: Could we be kidding ourselves? Is it real?

In my remarks today, I’ll respond to that question first by providing an up-to-date fix -- as current as the data allow -- on the economic situation. Then, I’ll talk about the most serious risks I see in the economy along with my baseline outlook for a near-term recovery. I’ll close with some views on the tension I perceive between short-term economic prospects -- which are net positive -- and longer-term structural challenges that, in my view, must be faced with a sense of urgency.

The tug and pull between immediate prospects for the economy and over-the-horizon threats seem to me to be captured in the question of the moment: What’s causing rising term U.S. Treasury yields? And in what way, if at all, should policy react? Here I must repeat my usual disclaimer: The views that follow are mine alone and don’t necessarily reflect those of my colleagues on the Federal Open Market Committee (FOMC).

So there you have it, the economy is a large factor. But if you properly assess your own situation and work with a trusted moving professional, you will have a step up on the competition.

Michael Russell writes about a variety of subjects. This article discusses Atlanta apartments. For more information, visit Promove.