Positive November jobs report to aid US housing market
On Friday the October 2015 jobs report was published in the US, showing an increase of 211,000 new jobs during the month which, it is believed, will have a positive knock-on effect for the local housing market. Realtor.com's chief economist Jonathan Smoke said on Friday, "Job creation is a very important leading indicator of strong demand for housing. The strong employment results for the last two years created an uptick in household formation, which drives demand for home purchases and rentals. We now have had two strong months above 210,000, reflecting a true return back to a strong growth trend…”

Several Midwestern states offer reasonable rents and a low cost of living

The cost of putting a roof over your head continues to rise, whether you buy or rent. But lately, more people are embracing the renting lifestyle because the monthly cost of owning is much higher than it once was, thanks to higher mortgage rates.

But just like buying a home, the cost of renting one can vary widely depending on where you live. A new ConsumerAffairs study found that the best places to rent are in the Midwest. The worst places to rent are mostly on the east...