Once an investor has picked a community, the next question is which house or apartment to buy.

Last year he took out a $150,000 home equity loan and, with his brother, bought three houses in Phoenix.

The house bought fourteen years ago - right after the marriage?

Besides, only about a million people buy a brand-new house in any given year, and recently many fewer have been buying.

Many houses bought at auctions have to be paid for in full within 24 hours.

He had set Terrel up in business, bought this house.

For those that are selling a house bought before the mid-80's, there may be a significant equity build-up.

They're hoping one of the big fashion houses might buy them.

A house bought for $13,000 in 1977 will now fetch $113,000 or more.

He'd married her, bought her a nice house and all the pretty clothes she wanted.