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Los Angeles Times
  • Book review: "Houseonomics: Why Owning a Home Is Still a Great Investment," by Gary N. Smith and Margaret H. Smith
    Owning instead of renting, even in the current climate, pays a financial dividend, the authors explain.

    With home prices continuing to fall -- and expected by many experts to decline further before finding a bottom -- it's very easy to play that "woulda, shoulda, coulda" game and envision how life might have been different had you sold that home back in 2005 and run off with the profit to Tahiti.

  • Tankless water heaters don't always reduce energy bills
    Improper installation or product sizing can get in the way of any instant energy savings. Before installing, consider all the specifications.

    STEVE BROWNELL has a dim view of his tankless water heater, and he's in denial about his utility bills.

  • Condo buyers are in the driver's seat
    But with few projects on the horizon, good deals that are available now may not last.

    Saving up for a brand-new condo that's move-in ready? Just want to turn the key and unpack your boxes? Condominiums are a popular alternative to single-family homes because of their relative affordability and low upkeep. But with little construction on the horizon, there will be fewer newly built units to pick from down the road.

  • Taking steps to make sure your builder won't go bust
    With more firms in financial trouble, buyers could be left holding the bag.

    It's always wise for would-be home buyers to make sure that the builders they choose are on solid footing. But at a time when many companies are teetering on the brink of financial ruin, it's necessary to be as picky about the builder as the floor plans and options he offers.

  • Homeowners get tax breaks in housing bill
    The Housing and Economic Recovery Act doesn't only stave off foreclosures and help troubled lenders. First-time buyers, older homeowners and others also benefit.

    Tax breaks for owning real estate are undergoing another shift, thanks to the Housing and Economic Recovery Act recently signed into law by President Bush.


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