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Study: No housing bubble found in 9 of 10 urban markets |
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Written by Site Admin
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Wednesday, 05 April 2006 |
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From http://www.planetrealtor.com
CLAREMONT, Calif. -- April 5, 2006 -- Fears of a real estate bubble are overblown, and homes remain undervalued in many markets, according to new research from a pair of Pomona College professors who developed a fresh methodology for gauging bubble trouble. By comparing the cash flow generated by owning a home to the cost of renting a comparable house, economics professors Gary Smith and Margaret H. Smith found bubble conditions in only one of the 10 metropolitan U.S. housing markets evaluated... |
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Wanted: a way out of tax trap |
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Written by Site Admin
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Wednesday, 22 March 2006 |
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 by Mary Ellen Klas of the Miami Herald
Lawmakers have been trying to protect homeowners from being trapped by a 1990s law that was designed to save them from rising property taxes.
TALLAHASSEE - Florida lawmakers are scrambling to find an election-year fix to a law that was designed to help save people from skyrocketing property taxes but has instead made many of them financial prisoners in their own homes....
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Average U.S. home worth 13% more than a year ago |
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Written by Raul Estrada
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Tuesday, 21 March 2006 |
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The value of the average U.S. home increased 13% in the 12 months ending in December, the Office of Federal Housing Enterprise Oversight said Wednesday... |
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