Buyer [And Seller ] Beware (BusinessWeek Online via Yahoo! News)



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Jan 3, 2005
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COVER STORY PODCASTConfused about the direction of the housing market? It's no wonder. You hear stories about sellers slashing listing prices to attract buyers, but home prices nationally have risen more than 10% over the past year. Inventories of unsold homes are on the rise, yet homebuilder Lennar Corp. just reported a 34% jump in earnings. And the much feared rise in 30-year mortgage rates

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