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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: L. Adam Latham who wrote (168167)	7/14/2002 8:05:26 AM
From: Jim McMannis	Read Replies (1) of 186894

RE:"I have to agree with John here - you can't generalize your experiences in Florida to the entire country. In the Midwest, commissions are indeed 6%-7%, and FSBO sales are rare (several FSBO companies have come and gone in the past few years here). Few houses sell in a day or two, though 10-30 day sales are becoming more common. IMO, a seller has underpriced his property if it sells in a day. 10% or more annual home price appreciation is not a nationwide phenomenon - it's in the places such as Elmer described (and your neighborhood I guess). In fact, there was a huge outcry by a few homeowners in my county who received real estate assessments that had gone up about 15% since last year. Turns out the assessors were using a "drive-by" method that was against local law, and the boss ended up resigning (and the people's assessments were reduced)." This is typical thread logic. I work in the real estate business every day. Now you know. Discount brokerages are becoming more commonplace. Even Costco is participating. As for locality. Sure it's local. Most of the price appreciation is on the coasts but it's now going further than that.

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