August, 2015 Housing Market: Macro Variables > Micro?

China’s Chickens Come Home to Roost** or, Is the Opposite of the “Wealth Effect” the “Poverty Effect??” Normally, I tell prospective home Buyers and Sellers to tune out “macro” factors like the broader economy, (un)employment, etc. and instead focus on “micro” factors affecting the specific property they want to buy or sell. So, forget about...
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Real Estate Good Luck, Bad Luck — & a Bit of Both

The Timing Factor More than people would like to admit, there’s an element of luck involved in real estate. The variables include: •Whether your buying and/or selling coincides with housing market peaks or troughs (if you’re doing both, it matters much less). •What prevailing interest rates are — and what they’re doing just before you...
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