by Flexo
Local Market Monitor is a research firm in the real-estate sector, and they’ve produced a report about the overvaluation trend. According to the firm, overvaluation is getting worse, and houses are priced above what the firm believes is the “fair value.” According to an article by Les Christie at CNN, home prices are accelerating even ... Continue reading this article…
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by Flexo
Slate is presenting an interesting essay slideshow on McMansions, the supersized abodes we love to hate. Why are Americans obsessed with big houses? The booming economy of the 1980s created great personal wealth, and wealth found expression in domestic architecture, as it always does. These large houses were variously referred to as trophy houses, starter ... Continue reading this article…
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