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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 21 Feb 2005 09:51:35 GMT
/ Author of the message: user@127.0.0.1 |
Title of the message: |
study finds fifth of the U.S. market significantly overpriced
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Text of the message: |
http://www.baltimoresun.com/business/realestate/bal-re.prices20feb20,1,832746.story?coll=bal-realestate-headlines-1&ctrack=1&cset=true 'Housing bubble' disputed But study finds fifth of the U.S. market significantly overpriced From Wire Reports Originally published February 20, 2005 One-fifth of the nation's housing market is significantly overpriced, but the overall market is financially sound, new industry research shows. "There is no 'housing bubble' in America," said Richard DeKaser, chief economist for National City Corp., a Cleveland-based financial services company. "There is a growing risk of 'bubblettes' in certain places." The average U.S. home price has soared almost 50 percent in the past five years, according to the Federal Deposit Insurance Corp. One housing market - Chico, Calif. - leaped 43 percent last year alone, he found. In his research report, he identified 46 of the country's largest 99 |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.