- Investors are treating homes like stocks and bonds - a chance to make a trading profit [NY Daily News]
Instead of day traders, we have house traders. Yes! - GE CEO sees growth in emerging markets [Forbes]
Interesting.. this article is really a feed from AP, fed into Forbes! - Economists Try to Explain Why Bubbles Happen [NYT]
Bubble, bubble toil and trouble. (Well, its really double, double toil and trouble.)
Oh and more on why
They also discovered large disparities in the language used in the listings of agent versus non-agent homes. The agent's listings used words that evoke specific, luxurious images, while listings for non-agent houses used vague, nebulous language. The more evocative language resulted in an average of 3+% higher sales prices.
Correlated To Higher Sales Price
Granite
Correlated To Lower Sales Price
Fantastic
Correlated To Higher Sales Price
State-of-the-art
Correlated To Lower Sales Price
Spacious
Correlated To Higher Sales Price
Corian
Correlated To Lower Sales Price
!
Correlated To Higher Sales Price
Maple
Correlated To Lower Sales Price
Charming
Correlated To Higher Sales Price
Gourmet
Correlated To Lower Sales Price
Great neighborhood
(Thanks to Shaun for the nice summary!)