Sweating Equity: Your Guide to Surviving a Rough Real Estate Market
It’s a confusing time for home buyers and sellers. But the bad news in the housing market may reveal some unforeseen opportunities. For instance, could this actually be a good time to buy? If so, what’s selling right now? Do low interest rates mean it’s time to refinance? Can foreclosures be avoided? And just what is a sub-prime mortgage, anyway? We took a hard look at the market and found the answers that will help you navigate these troubled waters. Plus, we found 15 great neighborhoods that offer benefits beyond the obvious, and we give sellers a measure of hope with tales of properties that got snapped up in a hurry. And it wouldn’t be a real estate issue without our annual chart listing average home sale prices in 226 neighborhoods. So don’t sweat. Your house may be worth more than you think.(Don't believe us? Check out Money magazine's list of the six best places to buy a home these days.)
By Kathleen Doane, Brent Donaldson, Katherine L. Sontag, Linda Vaccariello, Amanda Boyd Walters, & Kathy Y. Wilson
15 Great Neighborhoods
13 Real Estate Questions Answered
Five Homes that Sold—FAST
Our Annual Guide to Home Prices
Originally published in the May 2008 issue of Cincinnati Magazine.
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