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housing market 2014

“Flipping,” “Flopping” & Strategic Default

Old Wine in New Bottles  Thanks to a rising housing market, there are now far fewer underwater homeowners. However, they’ve hardly disappeared. In fact, something like 20% of all homeowners with a mortgage — about 5 million people nationally — still owe more on their homes than their home is worth (that’s down from closer to...
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Housing Market Bellwether: Auto Sales

Edina Realty “Expo 2014” One of the reasons Edina Realty’s annual meeting (called “Expo 2014”) is a “must-attend” for company agents is that it affords us rank-and-file a chance to hear what the brass thinks is in store for the upcoming year. So, what did Bob and Ron Peltier — Home Services of America CEO...
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