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Hi, I'm Erica Douglass. I sold my business and "temporarily retired" at age 26. I write here about investing, setting goals, and entrepreneurship. Most importantly, I share lessons I have learned that can help you on your quest for financial freedom!
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Archive for the 'Real Estate' Category

When Should You Buy Real Estate — And When Is It Better to Rent?

Combing through the questions you — my fabulous readers — ask me, I find one common thread. I write a lot of posts on real estate, but you want fewer esoteric graphs and articles and more common-sense advice. Fair enough. By the time you’re done reading this, you’ll have an excellent idea of exactly when [...]

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Flashback November 2005: NAR States “Foreclosure Risk Minimal”

A rather unfortunate incident turned into a source of entertainment for me today…
The unfortunate incident was that my old desktop computer, which I set up in 2006 and used pretty much every day since, finally gave up the ghost. Therefore, I spent most of this weekend setting up a new desktop system (a Shuttle SX38P2 [...]

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Bay Area Real Estate: Wait 2 Months; Save $50,000

It’s been two months since I’ve done an update on local real estate in the Bay Area. One of the reasons I track the real estate market so closely is that most people simply aren’t aware of the magnitude of the price drops that are occurring right now. I’m still hearing quotes like “It’s a [...]

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The REAL American Dream (Hint: It’s NOT Owning A House!)

“grandma’s decreipt house” by tatterh00dLicensed under Creative Commons
I did the math, and I think our society has been sold a pile of crap that we’ve bitten on hook, line, and sinker. I’m not going to mince words or try to make this sound nice, because we’ve been duped, and we have every right to be [...]

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Real Estate Bubble - The “Tidal Wave” of Foreclosures Strikes the Bay Area

I have to admit, I’ve been enjoying watching the housing bubble burst. There are lots of great stories, from crazy Realtors on crack to strawberry pickers earning $15,000/year who bought $720,000 homes. These make for quite the entertaining read. But what’s next?
The housing bust is progressing quite nicely, and identical to what I predicted in [...]

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