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Location is Everything ... Even with Interest Rates

By Andrew King

With the economic recovery in full swing, there has been a lot of talk lately about interest rates and the possibility that an increase could be coming in the near future. This is a classic good news/bad news scenario: On the one hand, people are going back to work and companies are hiring again. On the other hand, the falling unemployment rate could trigger a spike in the costs of lending and make it tougher for many folks to buy real estate.

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