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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 17 Apr 2005 00:23:14 -0700
/ Author of the message: kuacou241@yahoo.com |
Title of the message: |
Wash Post: In Real Estate Fever, More Signs of Sickness
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Text of the message: |
In Real Estate Fever, More Signs of Sickness Some Economists Warn of Housing Bubble By Daniela Deane Washington Post Staff Writer Sunday, April 17, 2005; Page A01 Matt Marshman watched it happen in one Germantown neighborhood in February. Each house that went up for sale cost about $15,000 more than the last. And the houses were all very much alike. "We could see the prices going up every day," said Marshman, who with his wife Tracy Hernandez managed to buy the third house that they wanted there. The four-bedroom Colonial was listed for $30,000 more than other sellers had asked for a similar house just three weeks earlier. The couple eventually won a bidding war by offering $26,000 more than the asking price. "It was downright scary, " said Marshman, a first-time homebuyer. It's another insane spring in the local real estate market. As the prime season for buying and selling unfolds, very few homes are for |
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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.