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The Survey Says: Home Ownership is still a good Investment

Thinking of buying a new home in Charlotte?  A new survey reports that most home owners still think home ownership is still a good investment and most home owners made a profit on their long-term homes.  Key points: 8,449 home buyers from July 2009 to July 2010 responded to this survey – that seems like a [...]

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Young couples should rent

A opinion piece in Investment News claimed that ‘For young couples, renting may be a better option”.  I hate headlines like that  – they are designed to get your attention, but most people don’t have the time to read the article.  They end up with this piece of random advice floating around their head that [...]

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Charlotte Home Prices (in Years)

How far back have home priecsin charlotte, NC, fallen?  The charts below from John Burns and Case Schiller, give a good insight.  Thanks to Calculated Risk for crunching the numbers and providing the charts. John Burns uses median price information:  (Click on the graph for a larger chart in a new window): Looking at the [...]

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Like Apologizing for Friends the Morning after a Bender

Jon Stewart on The Daily Show has a way of putting his finger on things.  In this interview with Austan Goolsbee, chair of the Council of Economic Advisors,  took a couple of licks from Stewart, who equated Goolsbee’s position to a guy who has to apologize for his friends the morning after a bender. The [...]

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Financial Advice from Steve Martin that everyone could use!

Here’s a good lesson from Saturday Night Live that should be watched by every member of Congress, as well a lot of people that vote as well:

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