Why does any retailer close out inventory? Several reasons usually are true - increase cash flow, get ready for new products next season, eliminate carrying costs.
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As we begin our 2007 Fall PARADE OF HOMES annual event, we had about 1,000 people in our 7 model homes this past weekend. Oh, there is always the "paint color" and "decorating ideas" shoppers, but by and large, the vast majority of the people we met have a desire to purchase a new home in the next weeks or months.
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Median price of real estate falls 1.2% in Minneapolis & St. Paul during the 2nd quarter...
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One of the best investments a person or couple will ever make in their lifetime is the home that they live in. It is not just a house. The value of your home and the joy it brings cannot be measured in dollars. In addition to that intangible benefit, real estate usually appreciates in value, making it a good economic investment as well. Please read more of this posting by Bruce Helmer President and Registered Financial Consultant at the Wealth Enhancement Group, Wayzata, MN.
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