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Stocks drop on existing home sales data  Stocks suffered their biggest pullback in two months Thursday, with the Dow Jones industrials logging a triple-digit decline as a disappointing bond auction and a lackluster report on sales of


Realtors cut sales forecast for 2006 (Reg Req'd)  The National Association of Realtors on Tuesday lowered its estimate for new and existing home sales this year, citing higher interest rates.read more...


The Grant in Washington, DC  A big hattip to Housing.com Blog for finding this condo conversion project located in downtown Washington, DC at 1314 Massachusetts Avenue NW . read more...


Kitchen Valentines, Zillow's Glitches and More Reader Mail    Grab a cup of coffee. It's time to read the mail. We have received some interesting observations from readers of this column during its first two months. I have


Don't lose your home exemption  If you own a home in California and it's your primary residence, check to make sure you are getting your homeowner's exemption before paying your property tax bill this fall.read


'Problem' borrowers in loans boost  Mortgage lending to people who would previously have had problems borrowing money is growing at twice the rate of the standard market, a report showed.via

May 12th, 2005

Bubble or Not, High Home Prices Can Hurt

Pamela Harness has never seen the market this hot. The Phoenix-area real estate agent’s clients include a couple who made a $150,000 profit by reselling a house they held for just six months, an investor who …

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