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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Square_Dealings who wrote (36537)5/28/2002 8:15:56 PM
From: Jack T. Pearson  Read Replies (3) of 52237
 
One of the reasons that home sales are up is that people fear rates may go up in the near future. So many people are taking money that is in or would have been put into the market and making down payments on homes. Seems smart considering the leverage they get at 10% or 20% down with housing prices appreciating at 3-7% per year or more.
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