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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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December 23, 2004

The Real Estate Adviser: Low mortgage rates, home appreciation top stories

By TOM KELLY
Special to the Journal

The Story of the Year in real estate?

Let's get beyond the slippery accounting practices of Fannie Mae. Instead, let's focus on the amazing impact of the family home on the general economy. Single-family homes, while viewed as a solid investment for years by financial advisors, has begun to shed its dropping its "ill-liquid" moniker and become a flexible, versatile asset that has evolved into an enormous instrument of wealth in this country.


 
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