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Month: March 2016

Homeownership still linked to wealth building

Homeownership still linked to wealth building

In good times and in bad, homeownership consistently maintains a strong link to the building of personal wealth for Americans. This is the conclusion reached by researchers at The Harvard Joint Center for Housing Studies, after revisiting their previous study from 2009.   The report citing the updated analysis, “upholds the bottom-line result from the earlier paper: that homeownership was associated with significant gains in household wealth, even when viewed across the tumultuous housing crisis period of 1999-2013.”   The authors reached…

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FSBO vs. Agent: What’s a homeowner to do?

FSBO vs. Agent: What’s a homeowner to do?

When the real estate market gets this red-hot in favor of sellers, many homeowners begin to wonder why they should hire an agent to help them sell their home. After all, homes are flying off the shelf and practically selling themselves. Why not just do it yourself and save the commission? It’s a fair and reasonable question. My response is, selling a home isn’t as simple as it looks. Where the purchase and sale of real estate is concerned, what…

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