print

Tips and Advice When Living with a Roommate

Check out our tips before you move in with a roomie.

By Relocation.com

Living with a roommate is both exciting and daunting. You might have grown up having your own room, or sharing a room with a sibling, but living with a complete stranger is a task that should never be taken lightly. Conflicts arise only when things are unclear. Sometimes anything petty, like eating his or her food, or leaving dirty dishes in the sink can cause many fights.  An important piece of advice: keep communication lines open and be clear about everything with your roommate from the very beginning. This helps to avoid such conflicts and misunderstandings.

Here are some areas where rules must be set so that you and your roommate can maintain a good relationship and keep peace and harmony around your shared apartment.

Personal and “public” stuff.
This must be clear between you and your roommate: which among your stuff is available for common use and which is restricted. Do you share your books and CDs? Will you allow your roommate to use your kitchen utensils? Are you sensitive about the use of your shaver? These are some of the issues that must be addressed.

Visiting hours.
Your apartment building may set their own time for this, but you and your roommate must also agree with regards to your own apartment. Issues to address include: What time is considered to be available as visiting hours? Who may be accepted as visitors? How long can guests stay over?

Entertainment.
Some people love loud music while others don’t. Some like TV, while some hate it. Be sure to have an agreement as to how loud s the music can be played inside the room at up to what time should the television turned on. You might have to battle on who takes control of the remote.

Housekeeping schedule.
If you don’t have any experience in housekeeping, it may be a pain. This time it’s a necessity for both of you to keep it clean. Your mother won’t be around to pick  up after you. Make an agreement on the assignment of tasks and a schedule: Who deals with cleaning the floor, putting out the trash, dishes? The important thing is to be fair.

Lights out.
It is important to set a time for the lights out so both of you may properly manage the time. You may follow different timelines for your stuff, so plan your schedule. Say, activities that may need lighting should be done early on so that you will not need to go beyond your scheduled lights out time.

Bills payment.
There are cases where you may have to pay for some bills like water, electricity, as well as cable and internet. Since you might be sharing the use of these, be clear on how you would split the bill for each.

Kitchen and toilet supplies.
Have an agreement on how you will purchase or use your toilet or kitchen supplies. You may decide whether you should take care of buying your own supplies or just splitting the cost of those between each other.

It will save you a lot of trouble if you can arrive at a consensus on the areas enumerated above. Make sure that you always have an open line of communication with each other. Be proactive and take time to discuss problems with your roommate as soon as possible. Both of you should be able to live in peace and harmony.

Don’t forget to like us on Facebook and follow us on Twitter!
•    Follow us on Twitter @Relocation_News
•    Become a fan of Relocation.com on Facebook

print

Donotrent.com: A New Apartment Review and Social Networking Website

Donotrent.com integrates real estate rental reviews and through social networking features where they can search and post reviews of apartments, rental homes, student housing, vacation rentals and more. Donotrent.com is also a trusted partner of Relocation.com, a complete moving resource where consumers can receive competitive moving quotes.

The newest user review and social networking website donotrent.com went live late November 2010. The review platform is based on tenant experiences, past or present, renting apartments, on or off campus student housing, rental homes, vacation rentals and more. The site allows users to search and post reviews in every city in the United States. Users can also post pictures of the apartment and rate it using a unique 5-star rating system that ranges from “Not That Bad” to “Absolute Nightmare.” Although the name, donotrent.com, implies and actually encourages negative reviews, users can also post positive reviews. “The reviews that users post are meant to help future tenants become more aware of possible issues and ask the agent or landlord tough questions before they sign a lease,” says Cerny, a Chicago based real estate professional and co-founder of the site. Landlords are welcome to respond to posts about their properties if they believe a review is inaccurate or if a problem has been corrected.

It happens all too often, an interested party walks through a beautifully furnished unit with an agent or landlord and decides to sign a lease because everything looks perfect. It is very obvious that the agent or landlord is not going to mention that they receive numerous noise complaints about the neighbors throwing parties all the time or that the unit has a mold problem in the kitchen ceiling which they continue to simply paint over. Donotrent.com allows users to easily share their experiences in order to help future tenants make an informed decision about signing a lease after they read the apartment reviews. The goal is to make leasing agents, landlords and property managers more accountable by disclosing more information to prospective tenants.

Besides the review side of the website, it is built around a social networking core, which includes a conversation forum, public blog and a classified ads section. The main difference between donotrent.com and their competition is that they appeal to the next generation of internet users with numerous social networking features. Unlike the competition that has dated features and no social networking, donotrent.com uses Facebook connect along with the AddThis sharing service. Both of these features will allow users to stay connected with friends by sharing posts and messages instantly on their favorite social networking sites.

The layout and review system of donotrent.com is similar to the popular review site Yelp. The main difference is that its niche is rental property reviews and not reviews of every single business in the world. It will only be a matter of time before we start to see other review sites startups that focus on niche markets since quality on a specific topic, business or interest will always trump quantity.

For more information regarding this website, please visit http://www.donotrent.com.

Don’t forget to like us on Facebook and follow us on Twitter!
•    Follow us on Twitter @Relocation_News
•    Become a fan of Relocation.com on Facebook

print

The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

By Serena Norr

This week the sports media was buzzing with the trade of Carmelo Anthony from the Denver Nuggets to the NY Knicks.  Now that Anthony is back in the Big Apple he now needs a place to live and has reportedly been looking for a high-priced NYC rental for about $30,000 a month. We aren’t sure what he will choose but there is buzz that he has been eying the uber luxurious Soho Mews and 158 Mercer (the same building where Bon Jovi lives). The rest of the Beat takes us to California where reigning pop queen Britney Spears and celebrity stylist Rachel Zoe both recently purchased new mansions. There were also homes listed on the market in California by TV stars Dave Coulier and Mischa Baron whose home is described as a “modern villa.” Until next week…

•    Carmelo Anthony Looking to Rent
Much has been said about trade of Carmelo Anthony from the Denver Nuggets to the NY Knicks. With everything in place, Carmelo and his family are now looking to rent in NYC for about $30,000 a month. He has been reportedly scouting 158 Mercer St., the same building where Jon Bon Jovi lives and SoHo Mews where Justin Timberlake has a place.

Britney Spears' New Hollywood Hills Home. (Image Credit: The Real Estalker)

•    Britney Spears Buys in Hollywood Hills
Oops she did it again but this time it is an expensive real estate property. Purchased for $12,900,000, the Hollywood Hills home includes 19,107-square-feet of living space, 10 bedrooms and 13 bathrooms that is situated on a 3.39-acre village-like estate. The gated Tudor-style home also includes an arcade, a modern kitchen, a fitness center, a poker playing room, guest quarters, a swimming pool and spa.

Rachel Zoe's New Beverly Hills Home. (Image Credit: The Real Estalker)

•    Rachel Zoe Moves to Beverly Hills Mansion
Celebrity stylist Rachel Zoe is on the move. The pregnant Zoe and her husband recently left their one-bedroom apartment and relocated to a huge 7,185-square-foot mansion in Beverly Hills. The two-story contemporary mansion includes five bedrooms, 6.5 bathrooms and two walk-in closets. The complex also includes a formal living room with a fireplace, a private terrace, private facilities, a well-lit kitchen and a two-car garage. The property also includes a backyard with luscious greenery, a swimming pool and spa. It was also reported that Zoe paid $8,250,000 for the property.

Deck View from Mischa Barton's Home. (Image Credit: Zillow.com)

•    Mischa Barton Looking to Sell Beverly Hills Estate
Former “OC” actress Mischa Baron is looking to sell her gorgeous Beverly Hills estate for $8,695,000, or for lease at $30,000/month. Located in the gated Beverly Glen community of Bowmont Estates, the home includes an ivy-draped main house, 8 bedrooms, 10 bathrooms, and 9,800-square-feet of living space. There is also a modern kitchen, guest houses, an outdoor swimming pool, and spa. According to listing information, the main house and three guesthouses total 8 bedrooms.

Exterior View of Dave Coulier's Home. (Image Credit: Zillow.com)

•    Dave Coulier Places Encino, California Home on the Market for $1.65 Million
Dave Coulier, better known as Uncle Joey on the popular show “Full House,” has recently placed his Encino, California home on the market for $1.65 million. The remodeled and gated home includes 4,000-square-feet of living space, six bedrooms, three bathrooms, an office, living room and dining room, and an outdoor space with a patio and a swimming pool.

print

The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

By Serena Norr

This is the first time on the Beat when an apartment was listed on the market that was NEVER lived in. The apartment in question is owned by the fashion maven Karl Langerfeld who recently listed his NYC penthouse for $5.5 million dollars. New York City is also the location where Jennifer Aniston is reportedly looking to buy. She allegedly placed an offer on a 2,950-square-foot complex in the West Village for $14,950,000 and is looking to sell her mansion in Beverly Hills.  Another interesting property on the Beat is the Beverly Hills home of Elvis and Priscilla Presley that can now be rented out for $25,000 a month. Not a cheap rental by any means, this property is a one-of-a-kind listing where the new renter will shack up in same abode where The King lived for years. Do you know of a hot property on the market? Email me at serena.norr@relocation.com. Until next week…

•   Karl Langerfeld Lists Never-Lived-In Apartment for $5.5 Million
Fashion maven Karl Lagerfeld recently placed his never-lived-in NYC apartment on the market for $5.5 million dollars. Located at 50 Gramercy Park North, the three-bedroom 3.5 bathroom co-op was originally purchased fin 2006 for $6.575 where Langerfeld was reportedly going to retire. The designer has since changed his tune and decided to stay in Paris – leaving an immaculate and untouched sixth-floor residence. The space includes custom bookcases personally designed by Lagerfeld, spacious closets, views of Central park and dramatic floor-to-ceiling windows. It is also reported by the NY Post that “Chanel will be doing an “installation of images” in the apartment, and closets will be filled with Chanel bags, shoeboxes and garment bags.”

Katie Lee's cute eat-in kitchen - Sold for $11.65 Million. (Image Credit: http://www.dailymail.co.uk/)

•    Katie Lee Sold New York Townhouse for $11.65 Million
Lifestyle cook and Billy Joel’s third ex-wife Katie Lee recently sold the New York townhouse she received as part of her divorce. Purchased in 2006, Joel originally paid $5.9 million for the West Village home that was since renovated and redesigned by celebrity designer Nate Berkus. The massive 4,000-square-foot four-floor townhouse includes four bedrooms, four bathrooms, four fireplaces, a covered pool, a chef’s kitchen with a six-burner Wolf stove, custom cabinetry and wine storage an elevator and a landscaped garden. The undisclosed new owner paid $11.65million for the home.

You can rent Elvis' home for $25,000 a month. (Image Credit: Luxist.com)

•    Elvis’ Beverly Hills Estate Available for Rent at $25,000/month
The LA Times recently reported that Elvis and Priscilla Presley’s gated compound in Beverly Hills is up for lease for $25,000 a month. Built in 1958, the recently remodeled estate sits on 1.18-acres of land that overlooks the city and ocean. The house also includes four bedrooms, five bathrooms, a family room, a dining room, a media room, a guesthouse, floor-to-ceiling windows, a new kitchen and laundry room, a pool and spa and 5,367-square-feet of living space.

Pics of Jennifer Aniston's potential new penthouse. (Image Credit: The Real Estalker)

•    Jennifer Aniston Might be Buying in NYC
Word on the street is that Jen Aniston might be looking to buy in NYC. She reportedly placed her 9,000+ square foot Beverly Hills mansion on the market and has placed an offer on a pre-war duplex penthouse in the West Village for $14,950,000. According to listing information, this 2,950-square-foot complex includes four bedrooms, 4.5 bathrooms, two fireplaces, two terraces and two floors. The apartment also recently underwent a huge renovation to include a contemporary eat-in kitchen, marble counter tops and hardwood flooring. Since this is all speculation, we eagerly await news on this breaking real estate story.

The new home of Neil Patrick Harris. (Image Credit: The Real Estalker)

•    Neil Patrick Harris Buys a New Home in Sherman Oaks
Neil Patrick Harris, star of “How I Met Your Mother” and “Doogie Howser, M.D.” recently purchased a suburban home in Sherman Oaks, California. The 4,286-square-foot home includes six bedrooms and 4.5 bathrooms for $2,100,000. Built in 1991, the home sits on one-third of an acre of land that includes a two-car garage, an eat-in kitchen, French doors and a spacious backyard with a spa and a swimming pool for Harris and his two new children.

Don’t forget to like us on Facebook and follow us on Twitter!
•    Follow us on Twitter @Relocation_News
•    Become a fan of Relocation.com on Facebook

print

The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

By Serena Norr

As 2010 comes to an end, we are optimistic that the housing market will improve – whether that means more families that are able to buy homes or those that don’t have to go through the foreclosure process. One way we escape is by perusing at celebrity real estate as a way to escape as well as send positive real estate vibes for those that need them. This week there were many sales including Pink who purchased a lovely estate in Malibu complete with a pool, gourmet kitchen and stone fireplaces. Michael Jordan also purchased a new home this week, actually two condos, for $3.2 million. It was also reported that President Barack Obama’s Hawaiian vacation home will soon be available for rent. Most of us, though, probably can’t afford the $3,500/per night rental fee. Although these home purchases and listings are extreme, we wish everyone a prosperous New Year in real estate – whether that means scoring your first apartment or buying your first home. Happy New Year!

Pink's New Home - Purchased for $11.85 Million. (Image Credit: The Real Estalker)

•   Pink and Cary Hart Buy New Home in Malibu for $11,850,000
It was recently reported that pop singer Pink and her motorcycle riding hubby are expanding their family with the addition of a new a baby. The couple also recently purchased a new six-bedroom home in Malibu, California for $11,850,000. Enough to fit several children, this 6,800 square feet abode also includes seven bathrooms, stone fireplaces, wood-beamed ceilings, a gourmet kitchen complete with a breakfast room overlooking the sprawling Point Dume cliffs and one acre of land. The property, built in 2005, also includes their own aquatic sanctuary with a 25-yard swimming pool, outdoor pond and fountains.

Former Home of Poet Langston Hughes - Listed for Sale at $1 Million (Photo Credit: Sotheby's)

•    Former Harlem Home of Langston Hughes on the Market for $1 Million
The former town house of poet and writer Langston Hughes was recently placed on the market for $1 million. Located in East Harlem, measuring 20×45 feet, includes four floors and a basement as well as five bedrooms and four bedrooms. Property listings from Sotheby’s describe the property as “needing a total renovation” with “plenty of room to design your dream home.” The historic home also includes eight marble wood fireplaces and original molding along with hardwood flooring and a 20×100 deep garden, which adds extra light to the home.

Michael Jordan's Swanky New Kitchen - Sold for $3.2 Million (Photo Credit: The Luxist)

•    Michael Jordan Buys a $3.2 Million Dollar Penthouse in Charlotte
Michael Jordan, basketball Legend and owner of the Charlotte Bobcats recently purchased a 7,000-square-foot home in Charlotte, North Carolina. The two-floor penthouse (Jordan combined two units) comes equipped with its own private elevator, gourmet kitchen and outdoor space equipped with areas for grilling and gas fireplaces. The condo, located at The Trust, is also conventionally located within walking distance to the Time Warner Cable Arena where most of the Bobcats games are held.

Hawaiian Rental Where Obama Stays - Currently Listed for $3,500/Per Night. (Photo Credit: AOL Real Estate)

•    Obama’s Hawaiian Vacation Resort Available for Rent
President Barack Obama’s Hawaiian vacation home, located in Kailua, is soon to be available for rent – that is, if you can afford the $3,500/per night fee. This private Oceanside resort (where Obama is staying until January 2nd) includes five bedrooms, 5.5 bathrooms and 4,951-square-feet of living space. Available for rent starting on March 20th, 2011, the scenic property also includes a three-car garage, a media room, a pool, and stained glasses and African mahogany fixtures throughout the home. Those interested in this rental should also know that there is a one-week minimum whose listing states that it could fit up to 10 people.

Don’t forget to like us on Facebook and follow us on Twitter!
•    Follow us on Twitter @Relocation_News
•    Become a fan of Relocation.com on Facebook

print

Always Moving, No Time to Move

EasyRoommate.com's new iPhone App - Designed to make searching for roommates even easier.

By EasyRoommate.com

In the past, they always said that technology would make our lives easier and give us more time for the simply things in life.  Unfortunately, it seems as the more advanced we get, the less time we have for ourselves, with most of us becoming accustomed to the fast paced world that is our lives.  In the past, looking for a new place to live meant picking up a newspaper, opening the classifieds and making phone calls.  Now, the classified sections of most newspapers are not as packed as they used to be, where most renters are relying on online advertisements to get their rooms rented.  So instead of having to pick up a newspaper, you now have to be in front of a computer to find your new room to rent.

Handheld devices like the iPhone and others have taken the search on the go with you, so you do not need to find the time to sit in front of your computer to search for a roommate anymore.  You can search through online classifieds, as well as online roommate services while sitting on the bus, or waiting for your lunch to be served.  Some companies are taking this step further, actually providing specific apps to assist you in your search, like the EasyRoommate iPhone app, which puts all tools of the main search directly in your hand, with a few additional options the site doesn’t even provide.

In the end, the argument can be made that technology has actually made our lives move faster than we like.  Although, no one can argue that it hasn’t given us the tools to keep pace with it.

print

The Celebrity Beat: Relocation.com’s Celebrity Real Estate Report

Nicole Kidman's Living Room - Listed for Rent at $45,000/month. (Image Credit: Luxist)

By Serena Norr

Although T-Day has been on our brain, the real estate industry isn’t far behind – especially within the exciting world of celebrity real estate. This week, Nicole Kidman listed her NYC penthouse for rent at a whopping $45,000/month. For those that fork over the bucks, you can look forward to leasing a glass-filled living room and a space with three bedrooms, 3.5 bathrooms and 3,785-square-feet of living space. Fashion director, Nina Garcia, is also on the Beat this week for placing her NYC condo on the market for $8.5 million dollars. This pre-war two-unit duplex includes 3.5 bathrooms, 12-foot-tall windows and a washer and dryer. Chelsea Handler and Jonah Hill also made an appearance on the Beat for buying homes in California with price tags of $6 million and $ 2 million, respectively. Whether you live a McMansion or an apartment, your home is only as important as those you enjoy it with you.  Happy Thanksgiving!

Nicole Kidman's Living Room - Listed for Rent at $45,000/month. (Image Credit: Luxist)

•    Nicole Kidman Renting Her NYC Pad
Actress Nicole Kidman recently placed her Perry Street apartment up for rent. Asking price? $45,000 per month, which even for NYC is a bit ridiculous! Kidman and her husband, Keith Urban, won’t have to worry about their real estate issues that long – they recently purchased a new luxury penthouse at 200 11th Avenue that comes complete with a sky garage – a car elevator that is accessible by a lift to one’s apartment complex. For anyone that can afford the rental on the Perry Street, they can look forward to having 3,785-square-feet, three bedrooms and 3.5 bathrooms – not to mention a glass-filled living room (designed by Richard Meier) that stretches the full width of the apartment, including views of the West Side Highway and the Hudson River. Kidman and Urban also own homes in Sydney, Nashville and in Beverly Hills.

Nina Garcia's NYC Condo for Sale - Listed at $8.5 Million. (Image Credit: The RealEstalker)

•    Fashion Director Nina Garcia Lists NYC Condo for $8.5 Million
Nina Garcia, fashion director and “Project Runway” judge recently listed her four-bedroom NYC two-unit condo for sale at $8.5 million. Located on East 66th street, the condo was originally purchased for $3,700,000 for one-unit and then $1,221,900 for an adjacent unit to create a two-unit condo. Located in a pre-war building, interested buyers will have to put down 50 percent of the asking price and expect to pay $4,080 in monthly maintenance charges. The condo also includes 3.5 bathrooms, 12-foot-tall windows, 11.5-foot tall ceilings, a large living room, a doorman, chandeliers, a washer/dryer and a kitchen with modern appliances such as the brands Subzero and Gaggenau appliances.

•    Martha Stewart Drops Price on Home from $15.9 Million to $13.9 Million
According to Housing Watch.com, Martha Stewart recently lowered the price of her Perry Street penthouse from $15.9 million to $13.9 million. Another Richard Meier-designed apartment, Martha Stewart’s lower Manhattan pad includes 5,000-square-feet of living space, an on-site fitness center and 11-foot-high windows.

Chelsea Handler's New Home - Purchased for $6 Million. (Image Credit: The RealEstalker)

•    Chelsea Handler Buys $6 Million Dollar Home
Chelsea Handler, host of “Chelsea Lately” and author recently purchased a 5,600-square-foot home in Bel Air, California for almost $6 million (she paid $5,942,500). Her electronically-controlled gated home includes 5,572-square-feet of living space, an outdoor kitchen with Viking appliances, a gym, six bedrooms and seven bathrooms. There is also two family rooms, a den and a backyard with a 50-foot pool, a raised spa and an outdoor fireplace.

Jonah Hill's New Hollywood Compound - Purchased for $2 Million. (Image Credit: The RealEstalker)

•   Jonah Hills Buys Los Angeles Compound for Under $2 million
Jonah Hill of “Superbad” and “Get Him to the Greek” recently purchased a new home in Los Angeles for $1,865,000. The new estate, built in 1959, includes 3,660-square-feet of living space, four bedrooms, 4.5 bathrooms, a storage room, a children’s playhouse and a detached guest house with a private bathroom. Other amenities include a fireplace, a sky lit kitchen with modern appliances and a modern suite that overlooks the swimming pool.

print

Moving to Hawaii: Know Your Islands

The gorgeous beaches of Hawaii. (Photo Credit: Ryan Kawailani Ozawa)

Guest Bloggers: Aloha Living

Try as you might, but you can’t drive from Waikiki to check out the volcanic eruption at Kilauea. Hollywood is partially to blame for the widespread impression that all the many wonders of Hawaii can be found on a single island. In fact, there are actually eight major islands (and countless smaller islands and atolls) that make up the Hawaiian Islands.

Each island is very different. Whether you’re trying to decide where to visit on your next island vacation, or looking to buy your first Hawaii property or picking a place to buy a home in Hawaii, here’s a quick guide to islands of Hawaii.

Oahu

The most populated Hawaiian Island is probably the one most people are familiar with, home to the bustling tourist mecca of Waikiki, the historic World War II sites of Pearl Harbor, the world famous surf on the North Shore, and much more. There are over 870,000 people living on Oahu, most living and working in the capital city of Honolulu along the south shore of the island.

For the first-time visitor or home buyer, Oahu is usually your safest bet. On the tourist side, the island offers everything from unspoiled natural beauty to a modest nightlife, from high-end stores to a huge variety of one-of-a-kind boutique shops. You can also strike out on your own, or take advantage of countless organized activities and managed attractions.

When it comes to real estate, Oahu has $80,000 condos, $80 million estates, and truly everything in between. Whether you want to live in a high rise, on the beach, on a mountain ridge or deep in a valley, there’s plenty to choose from. Honolulu real estate offers the widest selection and largest inventory of any island. (As a result, it also has the most Hawaii foreclosures.)

Oahu has the most developed infrastructure, with solid public transportation, fairly ubiquitous Internet connectivity, low unemployment and a wide range of industries (though tourism and the military still dominate). Everything in Hawaii is expensive, but often less expensive in Honolulu, as most things shipped to the state comes through its airport and ports.

You get all the comforts of any American city, but of course, that means Honolulu is also the most crowded, has the worst traffic, and – by sheer math – has the most crime. But don’t panic. In 2010, Forbes magazine still named Honolulu the country’s third safest city.

The Big Island

The largest and youngest Hawaiian Island is the island of Hawaii. Of course, that’s also the name of the state, so most people refer to it as The Big Island. It’s the second most populous island, but that population is spread out over a much larger area. How big is it? All of the other Hawaiian Islands could fit on top of it, with a little room to spare. That’s a lot of Hawaii real estate!

Thanks to all that space, the Big Island offers the widest variety of climates and topographies. There are vast barren deserts, lush tropical rainforests, white sand beaches and snow-capped mountains. (Yes, snow in Hawaii.) Many locals roughly divide the Big Island into East Hawaii and West Hawaii, though of course there’s endless variety in between.

East Hawaii is the green, rainy, slower-paced side of the island. Hilo is the main city, situated on Hilo Bay, and it’s the second largest city in Hawaii. Even so, it feels like a small town. This side of the island is home to Hawaii Volcanoes National Park, perhaps the main attraction on the island. As far as real estate, it offers everything from affordable but empty and remote lots to multi-million dollar ocean-view estates.

West Hawaii is the sunny, dry, resort side of the island. It’s got the blue skies you expect from Hawaii postcards, and is home to several high-end resorts and resort communities. Kailua-Kona is a bustling commercial and tourist town, and further up the coast, huge developments offer a wide range of condos – popular as vacation or investment properties.

Maui

Once considered a runner-up to Oahu, Maui and its many amenities has – in many ways – surpassed the capital city in both appeal and value to both tourists and real estate investors alike. It’s the second largest of the Hawaiian Islands, and has the third largest population.

In terms of visitor attractions, Maui may very well be growing the next Waikiki. There are several resort areas, from Kihei, Wailea and Makena to the south, to Lahaina, Kaanapali and Kapalua to the west. All offer the great escape at moderate to high prices, with gorgeous beaches, and great scenery. The whole island has a lot to offer ocean lovers, shoppers, and sightseers. The infamous road to Hana and the summit of Haleakala are unique ways to get away from it all.

For those that want to call Maui home, the island’s real estate market is strong, with median prices below but easily comparable to those on Oahu. Maui sees as much activity in condos as it does in single family homes, with continuing high-end resort development bumping up property values in many neighborhoods. There is an abundance of vacation rental properties on Maui, even though they are heavily regulated.

Maui also has among the highest numbers of Realtors per capita of any island, let alone any region in the country. With as many as three percent of Maui residents carrying real estate licenses, you’ll either have a lot of options, or a lot of competition.

Kauai

Kauai is the oldest and among the smallest of the main Hawaiian Islands. Essentially a round dot on a map, the island is about 70 miles around, with one main highway wrapping most of the way around (though the Na Pali coast on the northwestern rim of the island is undeveloped).

Home to one of the wettest spots on earth, its lush green landscape is cut with deep valleys and tall waterfalls. Kauai also has some of the longest and widest stretches of white sand beaches in the state. Some of the most dramatic mountain vistas can be found on Kauai, towering over the many small and diverse towns scattered along its rim.

A popular destination for people looking to get away from the typical tourist traps, Kauai is more rural but nonetheless has an economy that relies largely on tourism. Indeed, Kauai has the most pronounced love-hate relationship with development. On one hand, many people are flocking to nab their piece of paradise, mostly in gleaming resort condos along the north ends of the island. On the other, strict regulations and occasional protests often stop construction and commerce in its tracks.

Island real estate on Kauai is always in flux, because there’s so little of it. The most active properties are condos, ranging from modest apartments to luxury oceanfront resorts. Nonetheless there is a healthy range of single-family homes, as well as more than a few multimillion dollar estates.

Molokai

There isn’t a single stoplight on Molokai, and what few businesses there are often close up shop before sunset. With a population of about 7,000 people, it’s just about the most rural main island you can easily visit, and it is often described as the most Hawaiian island as well.

Much of the island is inaccessible, or accessible only by boat, small plane, or donkey. But the island’s largely untouched natural beauty is second to none. As on Kauai, the few permanent residents on Molokai have long resisted large-scale developments, turning away planned resorts and offering instead small hotels, and condo and vacation home rentals.

There isn’t much to do on Molokai, but that’s the point. You can admire the striking sea cliffs and tall waterfalls, or make a pilgrimage to the historic town of Kalaupapa (where Saint Damien tended to the sick). You can go hiking, biking, swimming or sunbathing. But generally the less you do, the happier you’ll probably be.

In terms of real estate, the market is very small, and fairly slow moving. There are usually fewer than 200 active listings at any given time, most clustered at the remote and dry west end of Molokai or along the central south shore. Considering the deliberately slow pace of growth, you probably wouldn’t buy a Molokai property as an investment. And you really shouldn’t consider living there without spending a lot of quality time experiencing the place.

Lanai

Like Molokai, Lanai also boasts of its lack of traffic lights. Its population hovers below 3,000. But Lanai is also the home to two incredibly luxurious world-class resorts.

The island has been privately owned for much of modern history, much of it serving as the world’s largest pineapple plantation for much of the 20th century under James Dole (of the Dole Food Company), and now as a world-class getaway under billionaire David Murdock.

Apart from condos within the resort complexes, most of the properties available for sale on Lanai are single family homes, many in Lanai City. Prices range from a quarter of a million dollars for a modest cottage to nearly three million dollars for a custom oceanview home. There are also luxury homes clustered around the resorts in Koele and Manele.

Niihau

The smallest of the inhabited Hawaiian Islands, Niihau has been wholly owned by the Robinson Family since 1864. Most of its 130 or so residents speak Hawaiian as their first and only language, and very few people outside the family ever get to visit.

Kahoolawe

The smallest of the eight main Hawaiian Islands, Kahoolawe is uninhabited. For more than 50 years, the U.S. military used the island for target practice, hitting it with bombs, missiles, and massive test explosions. In 1994, the U.S. military formally handed control of Kahoolawe back to the state of Hawaii, and modest efforts are now underway to recover and restore what remains of its historic, cultural and natural resources.

print

Tips for a Successful Roomate Search

Be precise, your room and roommate search will be easier.

By EasyRoommate.com

Searching for a room or roommates is a bit more complicated than trying to find an apartment rental.  Apartments are easy, you find a place you like, and if you qualify for it financially, it’s yours (most of the time).  With room rentals, and when trying to find a roommate for your spare rooms, you have to deal with other issues like different personalities,  sharing bills and groceries — all in a small space. Before any lease is signed, you will have to meet your new roommate. Here’s are some tips to find the house mate of your dreams.

Nice to Meet You:
The meeting phase is usually toward the end of the room/roommate search, so how do you get there efficiently?  Your first step is to start searching on a roommate service that specializes on room and roommate matching.  When you are entering your information on what and who you are looking for, be precise.  When you’re looking for a room, if you are a smoker, enter it in your information as a smoker, if you have a pet that will come along with you, put that in as well.  These specific attributes are important to note because they are not compatible with every person, however, there are people that would be a perfect match for you. Be sure not to leave any information unanswered; this will only waste your time and those of the renters.

Be Specific With What You Want/Don’t Want:
When renting a room out, the rules are the same, if you do not want a smoker, put down no smokers allowed if you don’t want pets, put that down as well.  Of course, smokers and pets are the primary examples I am using, but this applies to any aspect of your search.  Some people don’t believe in this, where they put a very broad search criteria or advertisement, and wait for people to contact them.  Does this work, yes, if you are willing to get numerous phone calls and emails of people that don’t match what you really want.  Would you rather get 50 people contacting you, but then have to spend the time to turn 40 of them down, or get 10 contacts in which they are all good possibilities?  Think of the time you will save yourself, and those searching.

Make a Roommate Contract:
Now that you have narrowed down your possible rooms and roommates, what do you do now?  You should establish some basic guidelines — much like a contract — that you will discuss with potential roommates.  Discuss their work hours, how the bills/rent will be paid, who will clean and on what days, talk about guests and what time they can come over, appropriate noise levels, etc. Again, these are just examples, but the key point is to bring up anything that you would be against right upfront before you actually sign a lease.  It is better to discover that you will not be compatible roommates before are actually living together.

For additional reading:

print

The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

Joey Fatone's home for sale - To be sold at auction for $6.5 million

By Serena Norr

We had quite the mixed bag of homes for sales and home purchases this week. “Extra” host Mario Lopez recently purchased a 4,430 square-foot home in Glendale, California for the obvious reasons: outdoor pool, courtyard with a fountain and state-of-the art and modern amenities as well as for the not-so-obvious reasons: it will be the location of his new reality show where he and his baby mama will be filmed as they experience the trails of becoming new parents. While  some may tune-in to catch Lopez juggle his abdominal workouts while changing diapers, we are more interested in seeing how he will upgrade and personalize his Spanish-style home with home improvement projects and decor. Disney star-turned-actress, Hilary Duff also made this week’s Beat for purchasing an elegant Toluca Lake estate with her fiancé Mike Comrie for $3.85 million. We also reported on an interesting auction of the home of Joey Fatone. Fatone, who was in the band ‘NSync, is asking $6.5 million for the home that features a swimming pool and an outdoor sushi bar. These properties never cease to amuse and amaze us! Until next week…

•    Former ‘NSyncer, Joey Fatone Selling Orlando Home for $6.5 Million
Joey Fatone, of the popular 90s boy-band ‘NSync, will auction his home for $6.5 million citing wanting to be closer to his family as the reason for the sale. The gated estate, located in Orlando, is situated on 4.4 acres of lakefront property that includes 10 bathrooms, a 10-car garage and six bedrooms, including a 3,800 square-foot master suite with a butler’s pantry. The home also has 12,400-square-feet of living space that includes a movie theatre with stadium seating and an outdoor grotto area with a sushi bar,  swimming pool and spa. The minimum bid for the auction is $3.7 million, which will take place on September 11, 2010.

•    Mel Brooks Sells Ocean-Front Home for $5.3 Million
Comedian and director Mel Brooks recently sold his Watermill, New York home for $5.3 million. The 1,968-square-foot property was originally purchased for $2,995,000 by Brooks and his late wife, Anne Bancroft, which has been rented out for several summers. The home, situated by the ocean on. 74 acres, includes three bedrooms, two bathrooms, a fireplace and is right down the street from last week’s celebrity beat seller, Christie Brinkley.

•    Leeza Gibbons Buys New Home for $6,600,000
Entertainment reporter Leeza Gibbons recently purchased a home in Beverly Hills, California for $6,600,000. The Mediterranean-style home includes five bedrooms, 5.5 bathrooms and backyard complete with a heated swimming pool, spa and lush greenery. The 6,579-square-foot home also includes walnut wood flooring, a family room, a fitness room, a billiard room, an office, a three-car garage, a home theatre, four fireplaces and a state-of-the-art security system.

•    Mario Lopez Gets a New Home for $1,940,000
Mario Lopez of “Saved by the Bell” fame recently purchased a new home in Glendale, California. Sold to Lopez for a modest price tag of $1,940,000 (at least in celebrity real estate terms), the home will soon be seen by the rest of America when VH1 starts filming a new reality series about the trials and tribulations of Lopez’s life with a new baby. If you can’t wait to see the show, we can tell you the Spanish-style home includes four bedrooms, six bathrooms, three-car garage and a gorgeous courtyard with a fountain. The home, built in 1929, is fully renovated that also includes 4,430 square-feet of living space, a eat-in kitchen with modern appliances, an office, a formal dining area with hardwood flooring, arched doorways, fireplace and a swimming pool.

Exterior shot of Hilary Duff's new home - Sold for $3.85 million

•    Teen Queen Hilary Duff Buys Home for $3.85 Million
Hilary Duff, former Disney star- and sometimes-designer/singer/actress recently purchased a colonial-style home for $3.85 million with her her fiancé Mike Comrie. Located in Toluca Lake, the elegant 5,260-square-foot two-story house includes five bedrooms, 6.5 bathrooms, an outdoor fireplace and a swimming pool and a modern kitchen with stainless steel appliances. Other amenities include a wet bar, French doors located throughout the home, a curved staircase, high ceilings and hardwood flooring. Duff and her fiancé Mike Comrie can also look forward to getting to know other Toluca Lake residents like Jenny Garth, Gwen Stefani and their next door neighbor, Britney Spears.

print

The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

By Serena Norr

What an exciting week in the world of celebrity real estate. The home that Michael Jackson rented before he died was listed on the market for a whopping $28,995,000! With seven bedrooms, a game/media room, a theatre and a pool the new owner will never have to leave the property. Meg Ryan also made an appearance on the Beat for leasing her home for rent. Asking price? A mere $40,000 a month — or what we figure is better spent on two years worth of rent.  Christie Brinkley is also in the news for placing her beachfront home on the market. She is reportedly a huge fan of home improvement projects but cited lack of time to maintain the property as one of the reasons for the listing. We also reported on the foreclosure of Damon Dash’s (co-founder of Roc-A-Feller Records) NYC condos. Dash reportedly fell into the old spending-more-than-what-you-have bit and was unable to pay his $78,504 monthly mortgage payments.

The estate of the late Michael Jackson - Listed for $28,995,000. (Photo Credit: The Real Estalker)

•    Michael Jackson’s Home on the Market for $28,995,000
Yes, those numbers are correct and yes, this is the very home that Michael Jackson rented for $100,000 a month before he passed away in June of 2009 (owner is Hubert Guez, CEO of Ed Hardy).  This Holmby Hills estate (located in Los Angeles) is certainly fit for a King, or maybe just the King of Pop. The list of amenities goes on and on for “French Chateau” such as a wood-paneled den, a library, a modern eat-in kitchen, seven bedrooms, 13 bathrooms, seven garage spaces and 12 fireplaces all of which is situated on 1.26 acres of land. On top of all, the 17,171 square feet home (about $1,689 per square foot) also has a wine cellar, a media room, an art studio, a movie theatre, an indoor bar, a spa and a gym, lush gardens and greenery and an heated outdoor pool. Property listings describe this luxurious and gated abode as a “major achievement in design and proportion, incorporating classic design and impeccable craftsmanship and offering the perfect integration of charm and elegance in a world-class setting.” With that asking price and all that is included we wonder what King or Queen will be the reigning owner of this property.

You too can enjoy Meg Ryan's pool -- Listed for rent at $40,000 a month. (Photo Credit: Zillow.com)

•    Meg Ryan Renting Her Home for $40,000 a Month
Back in October, actress Meg Ryan listed this California home for $14.2 million only to be removed from the property listings a mere two months later. According to Zillow.com, Ryan has now listed her Spanish-style Bel Air home for rent at $40,000 a month. A bit steep for a lease but the world of celebrity real estate follows its own set of rules. And for whoever can afford this agreement will have quite the gorgeous beachfront estate to look after. The spacious home includes six bedrooms, seven bathrooms, four fireplaces and of course stunning views of the ocean. There is also hardwood flooring, open archways, wood-beamed ceilings and a modern kitchen with state-of-the-art appliances. There are no reports as to how long the rental agreement would last.

•    Hip Hop Mogul Damon Dash Losses Home to Foreclosure
Damon Dash, Co-Founder of Roc-A-Feller Records recently lost his TriBeCa condo to a foreclosure. Sold for $5.5 million, Dash reportedly stopped paying his $78,504 in mortgage payments on his two condos — one on Moore Street and the other on Laight Street. (We wonder why one would need two condos in the same neighborhood but perhaps that is a part of the whole celebrity real estate conundrum.)  Dash attempted to sell the Moore Street condo right after the real estate market crashed for $7.9 million and again for $5.75 million in 2009 with no interested buyers. Since he was unable to pay  his loan, Dash was sued twice and finally ordered to put his home through the auction process by the New York Supreme Court. A California-based finance firm, Platinum Capital, purchased the home. His second home (on Laight Street in NYC) went unsold and was taken over by Eastern Savings Bank.

Steve Carell's new home -- Purchased for $6 million. (Photo Credit: The Real Estalker)

•    Steve Carell Buys Home for $6 Million
Steve Carell of “The Office” recently purchased 1.27 acre estate for $6 million dollars. Located in Toluca Lake, California, the 5,126-sqaure-foot home includes six bedrooms, five bathrooms, a pool house and a tennis court. Toluca Lake is home to many celebrity neighbors that Carell can soon mingle with. According to the Real Estalker, Eric McCormack, Markie Post, Swoosie Kurtz, Andy Garcia, Demi Lovato, and Ashley Tisdale all live in Toluca Lake.”

Christine Brinkley's home -- Listed for $15.75 million. (Photo Credit: Luxist.com)

•    Christie Brinkley Lists North Haven Home for Sale
Model/socialite and real estate investor Christie Brinkley recently listed her New Haven home on the market for $15.75 million. Built in the 19th century, the waterfront home not only has gorgeous views of the beach and the surrounding bay but is surrounded on 4.5 acres of land and 327 feet of beachfront. The 5,500-square-foot columned mansion has five-bedrooms, six bathrooms, four fireplaces and an outdoor pool. Brinkley cited busyness and an inability to maintain the property as the reason for the sale. She has an avid interest in home improvement projects stating “love fixing up old houses, but my life is so busy between with my children, launching several new businesses and my philanthropy, I just don’t have time.”

print

The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

Dr. Phil's home -- listed at $16.5 million. (Photo Credit: Marc Angeles/Unlimited Style.com)

By Serena Norr

This weeks “Celebrity Beat” is packed with exciting real estate reports from New York to California. Starting in New York, Bill and Hillary Clinton have reportedly been eying a home in Bedford Hills (a mere eight miles from their Chappaqua estate). The Bedford Hills home will be quiet the upgrade for Bill and Hillary with 20 acres of land, 7,000-square-foot of living space and more importantly will provide the couple with “privacy and security.” In California, Dr.Phil (of the “Dr. Phil” show and “Oprah”) recently listed his Mediterranean villa for sale at $16.5 million for a larger casa in the Hollywood Hills. It was also reported that Gwyneth Paltrow and Chris Martins’ home was “stripped down” and recreated by the New York City design team, Roman and Williams — resulting in a space filled with shimmery textures and pastels. Lady Gaga also made this weeks Beat for reportedly leasing a Bel-Air home for $25,000 a month — an amount many of us would pay for a years worth of rent.

Exterior shot of Lady Gaga's new rental. She is leasing out the Bel-Air home for $25,000 a month. (Photo Credit: Zillow.com)

•    Lady Gaga Renting Bel Air Home
The ever provocative pop star, Stefani Germanotta – better known as Lady Gaga – recently leased a Bel Air home for $25,000 a month. This rock star-style pad is situated on an acre of land that is both walled and gated and fully furnished, featuring a number of Marilyn Monroe pictures that don the walls. According to Zillow.com, the home is owned by real estate developer, “Lorne Leibel who purchased the home in 2004 for $3,150,031 that was later listed for $4,750,000 in 2009.” The 6,143-square-foot pad also features six bedrooms, eight bathrooms, marble flooring, fireplaces and an outdoor and raised pool next to a spacious deck. There is also an office, a library and a modern kitchen with a separate breakfast nook. There has been much speculation whether Gaga would be buying in New York, but it seems she is testing out a few places before she decides where she will relocate.

•    Dr. Phil Lists Beverly Hills Home for $16.5 Million
TV Psychologist, Dr. Phil McGraw and his wife, Robin, have recently listed their gated Beverly Hills, California home for $16.5 million. This massive Mediterranean-style villa – covering a little over 11,000 square feet – includes eight bedrooms, seven bathrooms, a screening room, a pool room, a music room, a library, staff quarters, a beauty salon, fitness center and guest quarters with two bedrooms. The landscaped pool and massive backyard aren’t too shabby either. According to the Real Estalker, property records indicate that Dr. Phil “purchased the property in 2002 for $7,500,000…in cash.” Reports indicate that the home is for sale because the couple purchased another California property that they have “been admiring for years,” according to the Chicago Tribune.

Gwyneth's Paltrow's living room -- redesigned by Roman and Williams.

Gwyneth's Paltrow's breakfast nook -- redesigned by Roman and Williams.

•    Gwyneth Paltrows’ $5.1 Million Dollar Home Redesigned
Hot designers, Roman and Williams, recently redesigned Gwyneth Paltrow’s and Chris Martin’s 4,400-square-foot TriBeCa penthouse. Purchased in 2007 for $5.1 million, the designing duo revamped the home by completing a “total strip down to stud and redesign” of the interior space to create a space filled with “light, moldings, glassy paint and fuzzy nap zones,” according to the designers blog. They also used shimmering silvers, whites and pastels throughout the space to create a romantic and elegant home for the actress, hubby musician and two kids. The space features three bedrooms, 3.5 bathrooms and a terrace and an impressive modern kitchen.

Bill and Hillary Clinton are looking to buy this Bedford Hills estate -- listed at $10.9 million. (Photo Credit: Zillow.com)

•    Bill and Hillary Clinton Looking to Buy in Bedford Hills, New York
Bill and Hillary Clinton are looking to move from their Chappaqua, New York home a mere eight miles north to Bedford Hills. According to the New York Post, the Clinton’s have been seeking more space, along with a home that has “privacy and security,” which has been lacking in their Chappaqua, New York abode. This prospective Bedford Hills home nicknamed “Clover Hill” is described as an English country cottage with five bedrooms, seven bathrooms, numerous fireplaces, wood-beamed ceilings, horse stables, a heated pool, massive gardens and two guest houses all of which are situated on a lake. The Clinton’s will reportedly pay $10.9 million for this space – that also features an impressive 20 acres of land and 7,000-square-foot of living space.

print

The Celebrity Beat: Relocation.com's Celebrity Real Estate Report

Unfinished mansion nicknamed "Versailles" up for sale "as is" by owner and timeshare tycoon David Siegel in Windermere, Fla. (AP Photo/John Raoux)

David Siegel's Unfinished Mansion -- Listed "as is" for $75 million (Photo Credit: AP Photo/John Raoux)

Main room at the entrance that would be used for entertaining guests at the unfinished mansion nicknamed "Versailles", for sale "as is" by owner and timeshare tycoon David Siegel in Windermere, Fla. (AP Photo/John Raoux)

Interior Shot of David Siegel's Unfinished Mansion -- Listed at $75 million (Photo Credit: AP Photo/John Raoux)

By Serena Norr

Welcome back to the Celebrity Beat. This week, you can rent Charlize Theron’s home for $50K or purchase Carol King’s Idaho ranch for $16 million. Alicia Keys is also selling her Long Island home; while Patrick Dempsey recently purchased one in Malibu for $7 million. And in the news of extreme homes, a mansion — whose construction was started by David Siegel — is currently being sold “as is” for $75 million. This uncompleted home is ready for the next owner who can finish this massive complex that includes space for 23 bathrooms, 13 bedrooms and 10 kitchens – and that’s just a sample of the many rooms the new homeowner will have to tackle. Anyone up for the challenge?

•    Massive 90,000-Square-Foot Mansion on the Market for $75 Million
An unfinished 10-acre mansion nicknamed “Versailles” is currently on the market for $75 million. Construction of the Orlando home began by billionaire and Westgate Resorts owner, David Siegel, however further work on the home was stopped in 2008 due to the recession that greatly affected Sigel’s businesses. The mansion is currently being sold “as is” and listed as a “monument to unparalleled success.” Towering at 67 feet, the new owner will certainly have enough space with its 23 bathrooms, 13 bedrooms, 10 kitchens, a 20-car garage, a bowling alley, an indoor rolling rink, a gym and a two-story movie theatre. For an extra $25 million, the new owner can have a completed home, along with an extra $1.45-$1.74 million dollars in taxes a year – we are thinking that a sale of this nature may take awhile to complete.

•    Charlize Theron Renting Malibu Beach Home
If you ever wanted to live in a celeb’s home, now’s your chance. Actress Charlize Theron has recently listed her cottage-style home for rent at $50,000 a month. Not exactly standard rental prices (even for Malibu), but her 2,095-square-foot home can be yours (temporarily), along with its three bedrooms, 2.5 bathrooms (one of which has a hot tub and spa), a fireplace and a private deck right on the ocean. The home also comes furnished whose pictures can be seen here. The posting did not indicate how long the rental terms would last.

•    Patrick Dempsey Buys Malibu Home for $7 Million
Patrick Dempsey, one of the Mc’s on “Gray’s Anatomy,” recently purchased a home in Malibu, California for $7 million. This 5,547-square-foot home includes three bedrooms, 3.5 bathrooms, two offices, wood flooring, fireplaces and a private garden. The gated home, leads up to a cobblestone driveway whose property also includes a barn, a riding ring, a chicken coop and a garden.

•   Singer Carol King Lists Ranch in Idaho for $16 Million
The 7,300-square foot ranch of Singer Carol King is currently on the market for $16 million. Located in Idaho, the ranch was first listed on 2006 and then taken off in 2008 for upgrades and renovations. On the market again, the home is sure to please nature lovers that is surrounded amongst a national forest and mountains. The 128-acre ranch includes five bedrooms, a deck overlooking a creek, two pools, eight guest cabins, barns and a log cabin recording studio that King herself built.

•    Alicia Keys Selling Home for $3.85 Million
Singer/songwriter and sometimes actress, Alicia Keys recently put her 9,000-square-foot Long Island home on the market for $3.85 million. The single-family home—situated on 2.2 acres— includes seven bedrooms, 6.5 bathrooms, a den, a piano room, an office area and a three-car garage. The two-story Mediterranean home is well-secured by a gated fence and surrounded by trees. The home also features an outdoor area with a flourishing garden, deck, pool and an outdoor Jacuzzi.

print

Buy or Rent? The 10 Best Cities in the U.S for Both Markets

Buy or Rent? The 10 Best Cities in the U.S for Both Markets

By Serena Norr

The great debate lives on: Should you buy or rent? Both sides of the discussion are very passionate about their stance. Renters scuff at the idea of buying due to an inability to put down a sizeable down payment or perhaps they live in an area where renting is favorable to buying a home. Buyers, on the other hand don’t understand why anyone wouldn’t want to own their own property in order to build a home for themselves or their families, as well as own a piece of real estate that may increase in value over time. This friendly debate has seen a bit of a shift with the upturn of the economy where some renters can now afford to buy due to foreclosures and financial assistance from the $8,000 tax credit for new homebuyers. Whereas, some homeowners have been forced out of their homes and can now only afford rent.

Of course, the complexity of the housing bubble isn’t so black and white. Location also plays a huge factor in an individual’s decision and ability to buy or rent. For example: in New York it is cheaper to rent than to own; whereas in Boston the market is stronger for buyers. As this paradigm continues to flip, we at relocation.com won’t be taking any sides; but we can offer a list of the best cities (area amenities, price, thriving job markets and real estate growth) for both markets. Now if we could just solve the mortgage crisis, we would all be one big happy family.

10 Best Cities for Renters

1. Columbus, Ohio: According to apartments.com, the average rental in Columbus, Ohio is $837 for a two-bedroom apartment—pretty amazing deal for the largest city in Ohio and home of Ohio State University. Real estate is also expected to pick up, but for now it is certainly a renters market.

2. Indianapolis, Indiana: As the largest city in Indiana, Indianapolis is experiencing a steady job market that is also renowned for its job market within the manufacturing industries and home of the Indianapolis 500. Residents of this Midwestern area also have access to numerous cultural attractions such as the Indiana State Museum, the NCAA Hall of Champions and the White River State Park. Renters can also look forward to affordable apartment prices with an average monthly rent of $751 for a two-bedroom apartment, according to mynewplace.com.

3. San Antonio, Texas: As the second largest city in Texas, San Antonio has cultural ties to Mexico and the U.S. where residents can see a rodeo or check out exciting cultural attractions such as the Alamo and the River Walk. The area is also home to major universities and research centers such as South Texas Medical Center. The area is also ideal for renters where months rents average $850 for a two-bedroom apartment, according to apartments.com.

4. Salt Lake City, Utah: The average two-bedroom rental in Salt Lake City, Utah is $804, according to mynewplace.com. This outdoor lover’s paradise is home to numerous ski resorts, golf courts and national parks and attractions such as The Utah Museum, the Historic Temple Square of Natural History and Great Salt Lake.

5. Austin, Texas: Dubbed the “live music capitol of the world,” music and Austin, Texas are often mentioned in the same sentence, which is evident by the numerous musical festivals (South by Southwest and Austin City Limits Music Festival) that are held here. Austin is also the corporate headquarters of Whole Food Market, Dell and recently a new office for Facebook. The city is also a biker friendly area and one that is very eco-conscious and not to mention affordable with the average two-bedroom rental at $1065, according to apartments.com.

6. Charleston, South Carolina: An exciting southern city, Charleston, South Carolina features numerous recreational amenities such as beaches, campgrounds, museums (Gibbes Museum of Art and the Charleston Museum) and an historical downtown area. The area also boosts a mild climate throughout the year to enjoy an outdoor lifestyle. What’s even better is that you get all of this for a monthly rate of $ 825 as stated by mynewplace.com.

7. Oklahoma City, Oklahoma: As the largest city in Oklahoma, Oklahoma City is renowned for its livestock industries and oil production. This western city is also home to the Ford Center to check out a basketball game or a concert, the American Banjo Museum and Oklahoma City Museum of Art. Renters will also love the price of $665 for a two-bedroom apartment, according to apartments.com.

8. Sacramento, California: Sacramento, California is known as a lively area for its recreational amenities (Sacramento Zoo, national parks, museums and marina). There is also favorable rent in this area of $934 for a two-bedroom apartment, according to mynewplace.com.

9. Tucson, Arizona: Dry, arid climates are in the norm in Tucson, Arizona where residents can enjoy outdoor adventures such as rock climbing, hiking at one of the areas numerous parks and nature reserves. New construction is also promising for renters with an average two-bedroom apartment at $723 a month, according to apartments.com.

10. Denver, Colorado: If surrounded amongst natural beauty and access to historic western attractions aren’t enough, cheap rents are sure to entice you to move to Denver, Colorado. According to mynewplace.com the average rent in the Mile High City is $978 for a two-bedroom apartment.

10 Best Cities for Homebuyers

1. Boston, Massachusetts: A vibrant college town, Boston, Massachusetts is the home of Harvard, Boston University and the Boston Conservatory of Music. The area is also experiencing a strong housing market with a 2.17 percent increase in home sales and an average single family home priced at $359,900, according to ziprealty.com.

2. Atlanta Georgia: Dubbed the Sun Belt for its hot temperatures, Atlanta, Georgia is the headquarters of CNN, the Coca-Cola Company and Delta. Not just a mecca for big business, this area is a hot market for homebuyers with the average single family home costing $146,500, according to zillow.com.

3. Baltimore, Maryland: Centrally located in Maryland, Baltimore is a vibrant seaport city situated along the Patapsco River. The area also has a downtown commercial district and nine surrounding neighborhoods for your pick of a suburban or city environment. According to ziprealty.com, the average home is $194,000 whose area is experiencing a steady increase since January 2010.

4. Minneapolis, Minnesota: The average single-family home in Minneapolis, Minnesota aka the Twin Cities is $184,000 , according to zillow.com along with a 2.33 percent sales increase in March, 2010 that makes this area favorable for buyers. In addition to affordable homes, the job market is seeing a slight increase, along with area amenities such as the Minneapolis Sculpture Garden at the Walker Art Center, recreational parks and parks and historical tours that makes for an ideal (and affordable) location.

5. Washington, D.C.: As the nation’s capitol there is never short of something to do in while living in Washington, D.C. Exploring the White House, Arlington National Cemetery and the Smithsonian Museum are just some of the many area attractions residents can take advantage of. This area also has a combination of modern and historic neighborhoods that is favorable for buyers with homes averaging $330,000 and increasing in sales of 2.36 percent in March, 2010, according to ziprealty.com.

6. Sacramento, California: Famous for the home of the gold rush in the 18th century, Sacramento is now a thriving city situated along the Sacramento River. The area is also the state capitol of California that is a hub for parks, modern museums and music (Crocker Art Museum and the Sacramento Philharmonic Orchestra), theatre (Sacramento Theatre Company) and colleges (Sacramento State). Buyers can also look forward to affordable housing prices with homes averaging $239,900, according to ziprealty.com.

7. Charlotte, North Carolina: Known as the “Queen City,” residents of Charlotte, North Carolina have access to numerous artistic and cultural attractions such as the NC Blumenthal Performing Arts Center, the Discovery Place: a hands-on science museum, a vibrant financial center located in downtown Charlotte and historic neighborhoods. On top of all that buyers can score a major deal with the average price of home at $148,900, according to zillow.com.

8. Dallas, Texas: With a motto like: “Live Large, Think Big,” Dallas surely lives up its credo with its diverse culture, modern restaurants and access to one of the largest arts districts in the U.S (the Dallas Symphony Orchestra, Dallas City Arts Festival, and Shakespeare Festival of Dallas are just a few of the many cultural offerings.). This vibrant city is also very affordable with the average home at $189,750 and a steady increase in sales at 2.57 percent, according to ziprealty.com.

9. Jacksonville, Florida: The largest city in Florida, Jacksonville is sure to please sun worshippers but will also be favorable to individuals who seek a diverse area whose job market is steadily rising. Jacksonville is also home to the largest park system in the country, according to coj.net, along with beaches and a vibrant downtown area. Home buyers will also love this area for its affordable home prices. In March, 2010, the average home in Jacksonville was $165,000, according to ziprealty.com.

10. Las Vegas, Nevada: Hit pretty hard by the housing market, real estate in Las Vegas is starting to see signs of growth with a 1.19 percent increase in home sales in March 2010, as opposed to the -4.95 percent loss in December 2008. This dessert city is sure to be exciting for residents (and not just cause of the Vegas Strip), but an area that features natural beauty, an arid climate and established neighborhoods whose homes feature modern amenities and access to great schools. Houses typically range from $169,900 and new construction is promising for this dessert city.

Resources:

•    MyNewPlace.com
•    Apartments.com
•    Ziprealty.com
•    Zillow.com
•    AOL’s Best Cities for Renting
•    Ten Cities for Real Estate Steals

City Pages:
•    Columbus, Ohio
•    Indianapolis, Indiana
•    San Antonio, Texas
•    Salt Lake City, Utah
•    Austin, Texas
•    Charleston, South Carolina
•    Oklahoma City, Oklahoma
•    Sacramento, California
•    Tucson, Arizona
•    Denver, Colorado
•    Boston, Massachusetts
•    Charlotte, North Carolina
•    Dallas, Texas
•    Jacksonville, Florida
•    Las Vegas, Nevada

print

Questions to Ask When Renting a Home

Rental Housesweeks ago I wrote how people who can’t sell their home are starting to mull renting it instead.

If you’re one of those on the opposite side of the equation — you want to rent a home — here’s a quick list of things to look for in a rental home. Even though you’re just renting, you’re still investing in a community, and there are some important things to consider:

• The quality of the neighborhood and area schools as well as school bus routes, schedules and stops. If you have kids, find out if their school schedule fits your own.

• Check crimes rates in the area, as well as the sex offender registry.

• Is the new place convenient for your work, and does it have ready access to services and businesses that you frequent?

Here’s what to check on the house itself:

• Who’s responsible for general maintenance and utility bills, you or the landlord?

• Can you get the landlord easily if there is an emergency? Some homeowners who rent are doing so because they are moving out of state. Check to see if that’s the case.

• Do a background check on the homeowner just as they’d do one on you, say experts — you’ll never know what secrets may be in their financial closet. You don’t want the house to get foreclosed on, leaving you having to find a new place. Make sure whoever you’re renting from is current on their mortgage — and looks set to stay current.

• Check for environmental hazards like lead paint, asbestos and mold, particularly older homes. Don’t assume that the landlord has done those checks for you. And don’t assume any defects you see in the house will be fixed in the months ahead — make the fixes a condition of your signing the lease.

• Go over the lease carefully, particularly the section about breaking your lease. Also, be sure to check out renters insurance — your landlord’s insurance won’t cover you for most things.