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More Articles, Less Time

by Flexo

Here are some articles I’ll want to personally revisit later, though I can’t promise I’ll devote a blog entry: * 30-year mortgage rate htis 2006 high [CNN] but housing starts are way up [Marketwatch]. * Three myths about foreclosures: A spike is coming, foreclosed houses are huge bargains, and anyone can make money [Money Magazine]. ... Continue reading this article…

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Giving Incentives Away With The House

by Flexo

In order to keep from lowering their asking price, home sellers are adding extra incentives to draw attention to their houses. To attract buyers, sellers are offering cars, European trips, landscaping for a year, and even 42″ plasma televisions at no extra cost. It sounds to me like it’s getting tough to move houses by ... Continue reading this article…

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Home Prices More Overvalued

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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Supersize My House

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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Staying Away From Fund Fees

by Flexo

MSN Money is carrying an article suggesting ways to get around mutual fund fees. As mutual funds have become more complex, fund companies need to spend more on marketing to explain their products. The expenses are then, as one would think, passed along to the customer. Timothy Middleton suggests “marching straight into the new reality” ... Continue reading this article…

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Katrina and Home Price Gouging

by Flexo

In Baton Rouge, home prices soared 20 percent as displaced persons began buying houses at a feverd pitch, in cash, not caring what they pay as supply is too low for demand. According to the CNN article, Baton Rouge residents have put their homes on the market to take advantage of the surge in demand, ... Continue reading this article…

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Real Estate Career Change?

by Flexo

I’m not considering it, but maybe someone out there is. As with anything, you have to take a realistic view of the ramifications of a choice. It seems like real estate is a hot career right now, with stories about people making millions of dollars and membership organizations continuing their growth. Here are some things ... Continue reading this article…

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Can’t Buy Me Happiness

by Flexo

Here is some common sense from Jeanne Sahadi: If financial success is important to you, and you are not as successful as those around you, you are not going to be as happy as someone who doesn’t care as much about financial success. In fact, setting financial success as a goal can make some people ... Continue reading this article…

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