Here’s an interesting article on how the increasing number of foreclosures in Philadelphia isn’t having a large negative impact on real estate there.

Of course, buying a house to live in is not really an investment (buying a house and renting it out is clearly an investment however). This all depends on who you ask.

In other real estate investing news, Miami condo owners who can’t sell their properties are looking to rent to vacationers.

I’m still dreaming of buying a nice vacation home in Brazil but office space might be the best investment there.

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