CNNMoney.com Real Estate: Buy, Sell, Hold?

Real Estate: Buy, sell, hold?
Every homeowner must adjust to the new realities in real estate. How to think through your three options.
By Cybele Weisser, MONEY Magazine staff writer
January 19, 2006: 2:10 PM EST



NEW YORK (MONEY Magazine) - Signs are a-popping that the era of explosive home-price gains is kaput for at least the next few years.

In the past four months, the median asking price has fallen 5 percent or more in Boston, Cleveland, Los Angeles, Miami, Phoenix and Washington, D.C., reports blogger Ben Engebreth's Housing Tracker Web site, which compiles weekly data on 49 cities.

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Across the United States, the number of existing homes sold fell 1.7 percent in November, while the supply of homes continued to tick higher.

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