Speculators: Average folks are investing their savings in the housing market. They've braved some nervous moments & wonder how long it will last.
by Andy Fixmer
REAL estate speculation sounds easy enough--just locate an undervalued home, make some minor renovations and flip the property, with returns approaching 200 percent. But like any pursuit, it can be fraught with complications, especially with the local housing market cooling off and attractive properties harder to find. (Read Full Article) source: Los Angeles Business Journal, July 25, 2005. via: HighBeam™ Research COPYRIGHT 2005 CBJ, L.P.