noahbig1“NEWS FLASH – There was a bubble in real estate, especially residential. It popped. Some day…not today….prices will stop falling. There is very little reason to believe that they will then have a big move upwards (in some circumstances there may be a bounce from well below long-term trend levels, but you can’t play bounces in real estate). In fact, history indicates that it is more likely that prices will malinger near the lows for years.”

From UrbanDigs.com See complete post here

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