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August 12, 2011

Why the Trulia’s and Zillow’s Are Off (Another) 3%

Omitting Seller-Paid Points Want to know why many real estate Web sites — never good at estimating home prices — are off by at least another 3% now? Because Seller-paid points are a fixture of many house deals these days, yet the government data that many real estate sites rely on don’t report that. Instead, Hennepin County and...
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Blood in the Streets? Nah, Just Pretzels and Hot Dogs

Wall Street Dispatches At least as of 3 p.m. this afternoon, I can definitively report that there was no “blood in streets” in front of The New York Stock Exchange, notwithstanding this week’s market roller coaster. Instead, what I saw (along with my son and a family friend) was the semi-carnival atmosphere that’s usually on...
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“You Say To-ma-to, I Say To-mah-to”

To a Realtor, “slip-on’s” have it exactly backward. Their entire appeal lies in their being slip-off’s. After 3-4 consecutive showings — or 7 or 8 — that feature becomes pretty important. Exception Proves the Rule The vast majority of Realtors (and their clients) are very respectful about removing their shoes, because they know next time it...
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