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The move-up market will suffer for another decade

By golfplan18   2013 Jan 28, 11:07pm   481 views   2 comments   watch (0)   quote

Everyone is cheering the bottom of the housing market, and the false assumption is that all properties will rise in price at a rapid rate as housing “recovers.” Properties priced below the conforming limit will almost certainly continue to rise thanks to restricted inventory and record-low interest rates, but the move-up market is a different story entirely.


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1   Oil Can     2013 Jan 28, 11:40pm  ↑ like   ↓ dislike   quote    

If the Fed limits deductions, then I think much longer.

2   inflection point     2013 Jan 29, 12:38pm  ↑ like   ↓ dislike   quote    

smart people will never trust government or the media again.

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