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The Housing Market: Three Strikes Against Buyers
Investment U (January 26th, 2009) Writes:
The Housing Market: Three Strikes Against Buyers
by Alexander Green, Chairman, Investment U Investment Director, The Oxford Club Monday, January 26, 2009: Issue #922
We all know that, within the housing market, home sales are in the tank, foreclosures are up and prices are down from the past few years.
What a wonderful time to be a buyer, right? Don’t believe it.
If you live in the hardest hit areas like Miami, Phoenix, Las Vegas, Sacramento, Orlando or a few others, there are bargains out there for the picking.
But in most towns, the real values are few and far between. The nation’s housing market is completely dysfunctional right now, in my view.
3 Types Of Sellers In The Housing Market
Three types of sellers in the housing market are preventing prices from reaching their natural level.
The first is the home seller ...
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