Home #1 – Asking: $769,900, Sold: $765,000 – $4900 below asking Home #2 – Asking: $599,900, Sold: $637,098 – $37,198 above asking Home #3 – Asking: $299,900, Sold: $327,000 – $27,100 above asking Home #4 – Asking: $519,900, Sold: $569,500 – $49,600 above asking These numbers totally speak against any sort of falling market in
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Eppel: There is some merit in the idea of taking advantage of other people’s panic-selling situations, but I don’t know if that’s necessarily out there yet in the real estate market. Cooper: I’d say wait. Post: How long? Cooper: I don’t know. The funny thing about Cooper and the doom and gloomers like her is
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The fallout was the 1990-1991 recession and a bleak period for the real estate business. In fact, between 1986 when the boom peaked and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, which was at the time the lowest rate since World War II. Fast forward to
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I’ll explain what happened with the Savings & Loan scandal. The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S&L crisis) was the failure of 747 savings and loan associations (S&Ls aka thrifts). A Savings and Loan is a US financial institution that accepts savings deposits and makes mortgage,
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Kalles also notes the hysteria during this boom: Kalles: My brother bought a house at $2.8 million, $700,000 over asking … (The house had) seven offers. Then the doom and gloom pundits threw their hats into the ring. The Post asked the group:
Lamb: There are people who have been transferred here and they want to buy a place, or they’ve gotten a divorce or they’ve separated from their girlfriend. We see that every day. But it’s not like it was. One would think that if things were so bad out there that there would be lots of
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I almost always find talk in the media about the economy abstract, misleading and depressing. Most pundits who opine on the economy don’t give a clear picture of present and future conditions because it’s such an enormous topic. I find they’re really only talking about themselves in the end, not the many different realities out
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A Plaxo plug-in supports major address books including Outlook/Outlook Express, Mozilla Thunderbird, and Mac OS X’s Address Book, though other ones can be supported through an application programming interface. Additionally, Plaxo can also be maintained through an online version.
Keep Your Network Balanced: some social media experts say you shouldn’t accept friend requests from people you don’t know offline. Their rationale is these people may try to use you to get to the people they want to reach in your network. This is not necessarily a bad thing if it happens. If you help
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When you are out social networking, you should be demonstrating your expertise whenever possible as well as encouraging people to visit your website. This will not only increase your website traffic but the backlinks to your website will increase your search engine ranking as well. Whenever possible, have your backlinks sending people to more comprehensive
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