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Housing prices are starting to moderate around here, going back down around their assessed value. They tend to sell rather fast still. I think a large part of that, particularly in my area, is the skyrocketing cost of rents and the profits being made off them. Investors buy them up as fast as they go on sale, rehab them and turn around and sell them as investment properties.
RE: Housing Bubble Pop... No, More Like Nuclear Meltdown