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Finance For Dummies

Finance For Dummies offers personal finance information on investing, retirement investing, finance, insurance, credit cards, loans and more. Personal finance education is our goal.

Monday, September 04, 2006

Real Estate and Homes

If you decided in Q1 or Q2 to hold off on a home or real estate purchase it looks like you made an excellent choice. It might not be a bubble, but the current market is slow and sellers are not getting what they were getting several months or a year ago. Interestingly enough interest rates on mortgages have gone up, but very little compared to what it could have been. It looks like the flippers are the ones getting caught with their pants down, but this is an opportunity . . . Buy low, sell high, right? If you are looking for a home--start looking seriously right now and get all the necessities out of the way so when you find a deal you can move quickly.

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