Housing Doom

In yesterday’s Arizona Republic, is a section called Investor’s Corner. (No link available to yesterday’s article)  The section is written by Mark Bosworth, who is described in the article as a Real Estate Expert and Phoenix Resident.  He answered the following question:

I want to get into real estate investing, but I don’t know where to go for advice.  What is the difference in expertise and cost between an investment advisor and a real estate agent?  Is it worth saving the money just using my regular agent?

 Here is part of his answer:

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The Las Vegas market has been slowing, the inventory has been growing, and the frustration among real estate agents and sellers is increasing as well.  That has lead to some creative solutions–some maybe a bit too creative– and others just new in their approach.

In Saturday’s Craigslist was the following listing:

$200,000 CASH BACK @ CLOSING act now only 2 left

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