• Real estate

    Posted on May 31st, 2006

    Written by ed

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    Some Foreclosure Myths

    If anyone thinks that local houses are going to end up on the bargain auction block, they’re in for a LOOOONG wait.  According to Money Magazine, there’s no foreclosure spike anywhere on the horizon.  Although many homeowners who chose short-term adjustable rate mortgages are already paying higher monthly fees, foreclosure rates are still very low. […]

  • Real estate

    Posted on May 24th, 2006

    Written by ed

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    Bubble Argument Overblown, part 2

    The media seems determined to implant fear into the minds of homeowners and home buyers, that the housing bubble WILL burst.  Stories speak not of whether it will burst, but "when". What’s a home owner to think? Should they pack up and immediately put their home on the market and sell it before the bubble […]

  • Real estate

    Posted on May 12th, 2006

    Written by ed

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    Is the Bubble Argument Overblown?

    Great article in BusinessWeek recently, with some interesting quotes by Michael Youngblood, a research analyst at Friedman Billings Ramsey & Co. Most interesting, when asked: Q: Do you think the housing bubble market is overblown? A: Absolutely. It’s overblown because there is no national housing market, so there can’t be a national house-price bubble.  However, […]