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[quote="3 myths condo investing"][b]The three myths of condo investing

If you're just getting started investing in condos, don't be sucked in by these whoppers.[/b]

NEW YORK (MONEY Magazine) - The growth in condo-investing mythology may be more worrisome than the risk of overbuilding. Here are three whoppers that need reality checks.

MYTH: Get in early and you'll be guaranteed a profit.
 
Remember the lust for Internet IPOs? Ordinary investors bid up the stocks of hot little companies that hadn't even registered their first sale yet. Today's version is a preconstruction condo, where investors jockey to get into a project not yet built, certain the units will jump in value when completed.

([url=http://money.cnn.com/2005/08/19/real_estate/investment_prop/cuckoo_condos2_0509/index.htm]more...[/url])

Fastest growing counties
The top 10 by percentage growth, from July 2003 to July 2004. 
 
County, State   (Population   Growth)

1. Flagler County, FL  (69,005    10.1%)

2. Kendall County, IL  (72,548    8.3%)

3. Loudoun County, VA  (239,156  8.1%)
  
4. Hanson County, SD  (3,786  7.9%)
 
5. Lincoln County, SD  (31,437  7.5%)

6. Lampasas County, TX  (20,718  7.3%)

7. Lyon County, NV  (43,230  7.2%)

8. Camden County, NC  (8,437  7.2%)
  
9. St. Johns County, FL  (152,473  6.7%)

10. Dallas County, IA  (49,591  6.6%)
 
  
 Source:  U.S. Census Bureau[/quote]

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