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Is the Southern California real
estate market still hot? While that is certainly
debatable, the real estate market certainly isn't cold.
Perhaps it's cooled in some areas, but prices are still
up significantly over a decade ago.
As the real estate market is typically cyclical, meaning
prices go up several years, then down several years,
historically, the price of real estate always increases.
Therefore, it's best to think of real estate purchases
as a long term investment, much like a 401k, or stock
portfolio.
According a Dian
Hymer article in MSN there are several things
to consider when purchasing a house, including length of
ownership, home size, floor plans, and the closing.
To read the full article, click
here.
Top Real Estate Stories 4/25/05
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