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3 reasons not to buy a home now

HTTP/1.1 200 OK Server: nginx/1.2.7 Content-Type: text/html; charset=utf-8 Content-Language: en Last-Modified: Sat, 14 Jun 2014 15:15:28 GMT X-UA-Compatible: IE=Edge,chrome=1 X-Secret: cnpudnkgcnpiZXZnbUBoZm5nYnFubC5wYnogbmFxIFYganZ5eSBnZWwgZ2IgdHJnIGxiaCBuIHdiby4= Cache-Control: max-age=20 Expires: Sat, 14 Jun 2014 15:18:33 GMT Date: Sat, 14 Jun 2014 15:18:13 GMT Transfer-Encoding: chunked Connection: keep-alive Connection: Transfer-Encoding Matthew Frankel, The Motley Fool 8:30 a.m. EDT June 14, 2014 A house for sale(Photo: AP)If you're thinking about buying a home, now may seem like a tempting time to finally take the plunge. Mortgage rates are the lowest they've been in a year, and we keep hearing that rates are expected to rise over the next several years.However, there are a few reasons you might not want to buy a house this summer.Don't buy when everyone else isAccording to realtor.com, the spring and summer months are the best time to sell a home, because that's when the most buyers are in the market.Families like to move when their kids aren't in school, and it is just more convenient to move in nice weather than in frigid winter weather. In fact, about 50% of all home sales take place during the summer alone.Like with any investment or purchase, buying when everyone else wants to buy is rarely the best idea. Sellers generally see more activity during the summer, which means more offers and the ability to hold out for the price they really want.Realtor.com also says winter is the least favorable time of year for sellers. Generally, those sellers who put their homes on the market in the winter are more eager to move, and are more willing to make deals. As a buyer, the lower demand also means you'll get more personal attention from professionals like real estate agents, home inspectors, and closing attorneys, making the whole process easier and more pleasant.How's your credit?While lending…
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3 reasons not to buy a home now

HTTP/1.1 200 OK Server: nginx/1.2.7 Content-Type: text/html; charset=utf-8 Content-Language: en Last-Modified: Sat, 14 Jun 2014 15:15:28 GMT X-UA-Compatible: IE=Edge,chrome=1 X-Secret: cnpudnkgcnpiZXZnbUBoZm5nYnFubC5wYnogbmFxIFYganZ5eSBnZWwgZ2IgdHJnIGxiaCBuIHdiby4= Cache-Control: max-age=20 Expires: Sat, 14 Jun 2014 15:18:33 GMT Date: Sat, 14 Jun 2014 15:18:13 GMT Transfer-Encoding: chunked Connection: keep-alive Connection: Transfer-Encoding Matthew Frankel, The Motley Fool 8:30 a.m. EDT June 14, 2014 A house for sale(Photo: AP)If you're thinking about buying a home, now may seem like a tempting time to finally take the plunge. Mortgage rates are the lowest they've been in a year, and we keep hearing that rates are expected to rise over the next several years.However, there are a few reasons you might not want to buy a house this summer.Don't buy when everyone else isAccording to realtor.com, the spring and summer months are the best time to sell a home, because that's when the most buyers are in the market.Families like to move when their kids aren't in school, and it is just more convenient to move in nice weather than in frigid winter weather. In fact, about 50% of all home sales take place during the summer alone.Like with any investment or purchase, buying when everyone else wants to buy is rarely the best idea. Sellers generally see more activity during the summer, which means more offers and the ability to hold out for the price they really want.Realtor.com also says winter is the least favorable time of year for sellers. Generally, those sellers who put their homes on the market in the winter are more eager to move, and are more willing to make deals. As a buyer, the lower demand also means you'll get more personal attention from professionals like real estate agents, home inspectors, and closing attorneys, making the whole process easier and more pleasant.How's your credit?While lending…
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3 reasons not to buy a home now

HTTP/1.1 200 OK Server: nginx/1.2.7 Content-Type: text/html; charset=utf-8 Content-Language: en Last-Modified: Sat, 14 Jun 2014 15:15:28 GMT X-UA-Compatible: IE=Edge,chrome=1 X-Secret: cnpudnkgcnpiZXZnbUBoZm5nYnFubC5wYnogbmFxIFYganZ5eSBnZWwgZ2IgdHJnIGxiaCBuIHdiby4= Cache-Control: max-age=20 Expires: Sat, 14 Jun 2014 15:18:33 GMT Date: Sat, 14 Jun 2014 15:18:13 GMT Transfer-Encoding: chunked Connection: keep-alive Connection: Transfer-Encoding Matthew Frankel, The Motley Fool 8:30 a.m. EDT June 14, 2014 A house for sale(Photo: AP)If you're thinking about buying a home, now may seem like a tempting time to finally take the plunge. Mortgage rates are the lowest they've been in a year, and we keep hearing that rates are expected to rise over the next several years.However, there are a few reasons you might not want to buy a house this summer.Don't buy when everyone else isAccording to realtor.com, the spring and summer months are the best time to sell a home, because that's when the most buyers are in the market.Families like to move when their kids aren't in school, and it is just more convenient to move in nice weather than in frigid winter weather. In fact, about 50% of all home sales take place during the summer alone.Like with any investment or purchase, buying when everyone else wants to buy is rarely the best idea. Sellers generally see more activity during the summer, which means more offers and the ability to hold out for the price they really want.Realtor.com also says winter is the least favorable time of year for sellers. Generally, those sellers who put their homes on the market in the winter are more eager to move, and are more willing to make deals. As a buyer, the lower demand also means you'll get more personal attention from professionals like real estate agents, home inspectors, and closing attorneys, making the whole process easier and more pleasant.How's your credit?While lending…
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Speed trap? S&P 500 races past year-end targets

Too far, too fast for stocks? The S&P 500 has already topped the year-end price targets of 10 Wall Street strategists, raising fears that the market is approaching the Wall Street version of a speed trap. Trooper Anthony Whittington uses his laser radar gun to check for speeding drivers on June 8, 2007, in Wayne, W.Va. (File photo by Mollie Woody, AP) It’s just June, but the stock market’s gains have exceeded the expectations many top Wall Street strategists had for the entire year. And that raises the risk the market may get tripped up by the Wall Street version of a speed trap. The Standard & Poor’s 500-stock index’s June 9 record close of 1951.27 eclipses the year-end price targets of 10 stock strategists, or half of the 20 prognosticators polled by Bloomberg. Monday’s record high is 100 points, or more than 5%, above the lowest target of 1850 put forth at the start of the year by Wells Fargo’s Gina Martin Adams, Deutsche Bank’s David Bianco and Barry Bannister of Stifel Nicolaus. The bearish takeaway is that the stock market has hit its peak for the year and might even be at risk of giving up the gains it has already earned. For those in the glass-half-full camp, there are still 10 top strategists that have targets that exceed the market’s recent peak. The most bullish call, for example, comes courtesy of Tony Dwyer of Canaccord. His target of 2185 for the S&P 500 equates to an additional gain of 12% for the benchmark index. The average year-end price target is 1969, roughly 20 points, or 1%, above the S&P 500′s record close. The $64,000 question is whether the mega-bulls or market skeptics have it right. Here are the 2014-year-end targets of 20 Wall Street firms. Firm 2014…
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McDonald's U.S. sales slip again in May

HTTP/1.1 200 OK Server: nginx/1.2.7 Content-Type: text/html; charset=utf-8 Content-Language: en Last-Modified: Mon, 09 Jun 2014 14:59:27 GMT X-UA-Compatible: IE=Edge,chrome=1 X-Secret: cnpudnkgcnpiZXZnbUBoZm5nYnFubC5wYnogbmFxIFYganZ5eSBnZWwgZ2IgdHJnIGxiaCBuIHdiby4= Cache-Control: max-age=20 Expires: Mon, 09 Jun 2014 15:03:06 GMT Date: Mon, 09 Jun 2014 15:02:46 GMT Transfer-Encoding: chunked Connection: keep-alive Connection: Transfer-Encoding McDonald's U.S. sales slip again in MayShare This Story!Let friends in your social network know what you are reading about McDonald's U.S. sales slip again in MayThe decline in the U.S. comes after a 1.7% drop for the first three months of the year. Post to Facebook Try Another Audio CAPTCHA Image CAPTCHA Help {# #} CancelSendSent!A link has been sent to your friend's email address.Posted!A link has been posted to your Facebook feed. Add Videos or PhotosBe first to contributeSign in now to share your story.Sign in with FacebookSign in with Google+Be first to contribute Verifying your credentials... Please wait. Uh oh! We're experiencing a few technical issues. Try again Post to Facebook Try Another Audio CAPTCHA Image CAPTCHA Help {# #} CancelSendSent!A link has been sent to your friend's email address. AP 10:52 a.m. EDT June 9, 2014A McDonald's in Bismark, N.D.(Photo: Karen Bleier, Getty Images)OAK BROOK, Ill. — McDonald's says a key sales metric slipped again in the U.S. as it faced "ongoing broad-based challenges" in May.The world's largest hamburger chain said U.S. sales declined 1% at locations open at least 14 months. The fast-food chain has been struggling to boost sales amid heightened competition and changing eating habits. Many of its core customers are also struggling financially, which has forced McDonald's to intensify its focus on value.Executives at McDonald's have also conceded that the chain introduced too many items too quickly last year, which led to slower service and inaccurate orders. CEO Don Thompson has said the company is working with franchisees…
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Rise in legal insider selling raises yellow flag

A rise in legal sales of stock by corporate insiders is viewed as a warning flag. (AP) Corporate insiders are selling shares of their own stock at a quickened pace at the same time the U.S. stock market is making new highs, a bearish sign that raises a yellow caution flag for investors. Neil Leeson, an ETF strategist at Ned Davis Research, zapped out a warning to clients today about “legal” insider trading. “Despite the fact that most investors feel they have no alternative to being fully invested (in stocks), there is one crowd of investors who has turned into pretty consistent sellers, and that’s corporate insiders,” Leeson told clients in a video. In fact, insider selling has picked up so much that is has generated a new “sell signal” on the market, Leeson said, citing an NDR indicator that tracks and measures insider buying and selling. “Insider selling,” Leeson says, “is typically bearish for markets.” When insiders are selling, it sends the message that they believe their company’s shares have become fully valued and, therefore, have limited upside. In the chart below, which was included in the NDR report, you will see in the far right corner that insider selling is now swamping insider buying and has hit a “bearish” level. Selling of stock by corporate insiders raises a yellow warning flag for the overall market, an analyst at Ned Davis Research says. A look at ETFs shows high insider selling in the following three sectors: consumer staples, health care and transports, as well as stocks in the Dow Jones industrial average, according to NDR data. Insider selling is abundant in the consumer staples sector, with more than 64% of the stocks in the SPDR Consumer Staples Select Sector ETF experiencing selling by corporate insiders, says NDR. Seven of…
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