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From the category archives:

BusinessWeek

Steamy Stories From Swamplot

September 4, 2008

I wrote an item last week about the still-hot real estate market in Houston, particularly at the high end. For a more gossipy look at real estate in America’s fourth largest city check out swamplot.com. The site, run by “founder and chief promoter” Gus Allen, has been following the trials and tribulations of Royce Builders, [...]

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Don’t Sell Those Ginnie Maes

September 4, 2008

If you haven’t already discovered it HSH Associates runs a great Web site with lots of free data for checking the latest mortgage rates. One of the things I keep hearing from Realtors and home builders is that rates are still low. That’s true if you’re comparing them to the 20% prime rate of 1980. [...]

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Putting the real estate slump in perspective

September 4, 2008

Unlike previous housing slumps, the one we’re in now has spread from coast to coast. But that doesn’t mean that every market is suffering equally. The worst markets — the ones in Florida, California, Arizona, and Nevada — seem to get all the attention. But in places such as Charlotte, Dallas, Denver, and Portland sales [...]

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The good and bad in the latest housing report

August 28, 2008

First the good news. Home sales in July jumped by 3.1%, the highest level in five months, the inventory of unsold single-family homes declined slightly, and home prices in the Midwest climbed 1% compared to a year ago. But the National Association of Realtors July report released Monday also has plenty in it to worry [...]

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Houston’s High-Octane Housing Market

August 27, 2008

It’s nice to know some parts of the country are still seeing home prices climb—one of them is Houston, the energy capital of the U.S. The Houston Association of Realtors reports that the average home price there rose 8% in July to $226,000. It’s not just oil and gas that’s driving the economy, says long [...]

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