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Two real estate articles worth reading |
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Both are by Melinda Fulmer of MSN Real Estate. The first presents a historical perspective on how the whole housing market went up and then down. The second article presents an interesting perspective on what might happen now the the residential real estate market has collapsed.
Boom to Doom: The decade in housing: By Melinda Fulmer of MSN Real Estate
This is a very well researched and written story about the highs and lows of the nation’s housing market over the past 10 years. Here’s a tid bit from the article: “The early years saw a building fever and buying frenzy that had many Americans borrowing their way into homes they couldn’t really afford. But the excess loans and mountains of debt caught up, resulting in record-shattering foreclosures that will haunt many housing markets for years to come. Here’s a look back at the highs and lows of the last 10 years.” Here’s the link to the full story: Boom to Doom
Is your suburb the next slum? By Melinda Fulmer of MSN Real Estate
Here’s a quick look from the article: “The nation's suburbs — once the symbol of the American dream — are well on their way to becoming tomorrow's slums, some experts say. The one-two punch of a crippling recession and higher gas prices have quelled demand for many of the nation's fringe communities from Charlotte, N.C., to Sacramento, Calif., while at the same time demographic trends have begun pushing an aging population back to the nation's urban cores. That's prompting some planners to predict a huge surplus of large-lot suburban properties in the years ahead — as many as 25 million homes by 2030, according to Arthur C. Nelson, presidential professor of city and metropolitan planning at the University of Utah and director of its Metropolitan Research Center.” Here’s the link to the full story: Is your suburb the next slum?
Melinda Fulmer is a freelance writer in Los Angeles. For nine years she was a staff reporter at the Los Angeles Times, covering everything from food to real estate. She can be reached at
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