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Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Real estate 101, especially in the DMV: even in good times, August is a slow month home sales. August is a slow month here for EVERYTHING. Also, there's a middle ground between a bubble burst and prices not continuing to climb through the roof. It's called stabilization. And, yes, it's happening. If you're holding your breath waiting on a market crash, get ready to suffocate. [/quote] Prices won’t drop. I think they won’t increase by much until next year but they won’t drop.[/quote] When the Fed stops buying $40 billion of mortgages every month, the bubble will definitely pop. I expect prices really will fall, not just plateau out.[/quote] What makes you think the fed will stop?[/quote]
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