Should You Rent Out or Sell Your House?

Figuring out what to do with your house when you're ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth?
It's a question many homeowners face, and the answer isn't always straightforward. Whether you're curious about the potential income from renting or worried about the responsibilities of being a landlord, there’s a lot to consider.
Let’s walk through some key questions to ask to help you make the best decision for your situation.
Is Your House a Good Fit for Renting?
Even if you're interested in becoming a landlord, your current house might not be ideal for renting. Maybe you're moving far away, so keeping up with the ongoing maintenance would be a hassle, the neighborhood isn't great for rentals, or the house needs significant repairs before you could rent it out.
If any of this sounds like it might apply,&nb. ...

Hot on the heels of Maricopa County being named No. 1 for economic growth nationwide, the state's development prospects have received another boost from the Standard & Poor's Global Ratings agency.
Late last week, S&P revised its outlook on Arizona's overall credit to positive from stable and affirmed its 'AA' issuer credit rating for the state, while also affirming its 'AA-' long-term rating on Arizona's general fund appropriation-secured certificates of participation, or COPs. The report noted that Arizona's surge in economic growth over the past two years was a key factor in the upgrade.
"The positive outlook reflects our view that strengthening reserves and ongoing revenue and expenditure management, supported by strong economic momentum that we expect will continue, could lead to upward rating potential should the state also demonstrate budgetary discipline that helps to mitigate future cyclical pressures on its finances," said S&P Global Ratings credit analyst S ...

Homebuyers frustrated by high mortgage rates may soon get some relief if the Federal Reserve begins to lower interest rates but they should temper their expectations, experts say.
Although the Fed has signaled it could start lowering rates as soon as its July 31 meeting, industry experts believe rates will never go back to the historic lows seen during the Covid-19 pandemic, when some buyers snagged rates below 3%.
“Rates are never going to get back to where they were during the pandemic,” said Marty Green, a principal at law firm Polunsky Beitel Green. “I think getting into the 4 to 5 [percent rates] is definitely in the cards over the next 18 months or so."
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By Andy Medici – Senior Reporter ...

An East Valley startup is launching what it describes as the “largest commercial metal 3D printer in the world," targeting customers in the aerospace, naval and defense industries.

Rather than a typical laser used in metal 3D printing, the Halo system developed by Mesa-based Rosotics uses an electromagnetic process the company has developed over years of research and development.


The Halo system consists of three induction-based print heads referred to as "Mjolnir," which are capable of fusing material at a high feed rate. Halo is designed to be a "net shape printer," meaning it incorporates shaping and forming of metal into the overall printing process, eliminating the need for post-processing, according to Christian LaRosa, the company's founder.

By Amy Edelen – Reporter, Phoenix Business Journal

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Phoenix-based nonprofit Kitchen on the Street is launching a food waste management pilot program with Alberta, Canada-based Knead Technologies to help Phoenix's Office of Environmental Programs reduce food waste in the Valley.
The pilot project, announced July 22, will involve collecting surplus food and compostable waste from local farms, grocery stores, restaurants, and cafes. Kitchen on the Street will leverage Knead Technologies’ logistics software and the city’s circular system to give back the excess foods to those in need in Arizona.
After food is collected from areas around Phoenix, food will be reallocated through a network of volunteer delivery drivers. Food waste is directed to compost partners and redistributed with the goal of closing the loop on waste.
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By Brevan Branscum – Editorial intern, Phoenix Business Journal ...