I can't believe it's May already...

I get it. I'm getting older, time is going by faster. But when I went to sleep last night, it was New Year's Eve... and now it's Cinco de Mayo? What is going on here? What happened? Where have I been?

The good news is- the real estate market is picking up- and it should be! Rates are still very low, there are tons of homes on the market waiting to change hands. One of the things I have been thinking about is how home sellers can move on in this market whether or not they get their homes sold. Has anyone had any experiences where it made sense for the seller to lease the home out, instead of trying to unload it? Up here, values have dropped but not DROPPED. So, for some people who have plenty of equity they can just suck up their small 'loss' and move on. Sure, they didn't make out like bandits like they would have 2 years ago, but they can still make some money. But, there are many people who owe MORE than a home is worth, and due to work relocations or job loss, they have to get rid of their homes. Why not lease the property? Worst case scenario, the rent doesn't quite pay for the outstanding mortgage. It's better than nothing though, right? I think this is a good way to go for people that NEED to move and don't have time to line up a buyer. Any thoughts? Any experiences good, bad or indifferent?

Mortgage-wise it is not feasible for EVERYONE. But it could be a good option for the time being. Just a thought.

I just hope the rates hold out for a long while. Fingers crossed.

Before you know it, it'll be Thanksgiving. I can't stand it. :)