Is it Time to Cash Out of Your Home?
A recent article in the Money magazine covered the issue of cashing out of the properties in order to brat the possible housing bubble. Home prices nationwide are rising at a rate five times that of personal income and some areas gaining 20% to 30% a year. Even with home pro\ices soaring, the number of properties purchased is on the rise. Investment properties and condo-flipping have become the next rage among the get-rich-quick crowd. This recent craze has led Money magazine to call homes the new tech stocks and we know how that boom turned out.
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