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If you follow real estate at all, you have probably been reading about the rebound in the lower end of the market in some of the hardest hit areas of the country. Foreclosed homes in California, Florida, Nevada and Arizona are being snapped up. I’ve been asking and wondering what’s b...
confirms the Bank of America findings. “When Millennials do become homeowners, they leapfrog the traditional “starter home” and jump into the higher end of the market by choosing larger properties with higher prices, similar to homes bought by older buyers. They pay a median price of ...
Registering a much higher population growth (3.1%) than the national average (2.3%), Tampa is one of the better success stories in the US. Most of the houses that were once foreclosed have now been renovated and rented or bought. The average home price also is a fairly low $193,000 ...
Nationally, properties sold in December 2015 were typically on the market 58 days compared to 66 days one year ago. Fewer days on the market are an indication that inventory remains tight. Short sales were on the market for the longest time at 86 days, while foreclosed properties typically st...
a smart move. Household incomes have not grown over the past decade. Many of the new jobs have relatively low job security and resemble more of the large temporary workforce that has dominated Japan for the last two decades. I see five major rea...
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