Word: marketized
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...niche market of real-people movies, the two wedding-panic comedies, The Proposal and The Hangover, held their audiences, losing only 18% and 12% respectively from the previous weekend. Sandra Bullock's comeback film is well past the $100 million mark, and The Hangover is well past $200 million. Whatever reservations you might have about these movies as works of popular art, the numbers are good news, in the blockbuster-dominated summer market, for the little movies that could. (A new romantic comedy, I Love You, Beth Cooper, raised barely a titter, or a Twitter, pulling in just $5 million...
...much beef, I love Kate Pickert's article about cow-pooling [June 15]. I grew up on a farm in Arkansas where my sister and I stood on the fence and waved goodbye as the cows were loaded onto the truck to be taken to market, and where my dad once made me and my friends get up at 6 a.m. after a sleepover and dig potatoes. My kids have been growing up in the suburbs, not knowing where food comes from. Now we are growing vegetables in the backyard, and they are helping debone the chicken, even...
...have to go to Florida, though, to be reminded that if you're in the housing market right now, the thing you want to be is a buyer. Marked-down properties account for more than 30% of listings in 15 other cities, including Boston, Minneapolis, Milwaukee, Honolulu and Tucson, Ariz. Even that may be an understatement of the discounts that are to be had: houses that were taken off the market and then relisted at a lower price weren't included in the analysis. (See how Americans are spending...
That may seem dismal to anyone waiting for a housing-market rebound, but there is also some cause for cautious optimism in the Trulia analysis, which plumbed listings from brokers, agents, third-party aggregators and multiple-listing services on July 1. Some markets that were hit early and hard in the housing bust have been seeing a declining percentage of markdowns the past few months. In late April, for instance, 33% of houses in Los Angeles had been reduced in price. In early June, that figure inched down to 32%, and in the most recent analysis, it had dropped...
...gives a sense that the market is starting to stabilize in these hardest-hit areas, that sellers are having more reasonable expectations," says Trulia CEO Pete Flint. Though with the percentage of markdowns increasing in most other parts of the country, the deals aren't likely to go away anytime soon...