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Real Estate Investing

June 11th, 2006 at 10:01 am

A new article over at Investing Page from Roger Sorensen who is the editor there on Real Estate investing on some of the options you have if you purchased a second home that you're considering selling:

If you bought the house because you wanted rental income, or had a good tip from a friend, perhaps you should sell. Housing is a cyclical market and what goes up will come down. At this time, the fourth quarter update of the 2005 Global Insight/National City Housing Valuation Analysis notes that affordability is at its lowest point since 1991. This is due to the twin factors of rising interest rates and high home valuations.

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