Saturday, October 01, 2005

Fall Art Fairs Offer Diverse Buys From Furniture to Paintings


Fall Art Fairs Offer Diverse Buys From Furniture to Paintings
The sharp rise in demand for contemporary art in recent years has not only sent auction prices soaring: It has also increased the buzz at art fairs. We review some of the options for fall.

Federal Reserve Chairman Warns Of Reliance on Housing Loans
Alan Greenspan says consumers have become enormously dependent on borrowing against their homes to fuel their spending, and that a rise in mortgage rates could trigger a spending pullback. Meanwhile, existing-home sales climbed 2% in August.

Poll Finds Homeowners Expect Home Values to Continue to Grow
Most American homeowners expect selling prices to keep rising, a recent study found. They also don't believe that gains in their own homes have affected how they spend, despite what Alan Greenspan says.

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