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Reply to "Why do expert say: Buckle in for a brutal free-fall in home prices - Housing Bubble"
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[quote=Anonymous][quote=Anonymous]To all the people saying their home has lost value...according to who? Zillow? lol Stop paying attention to your estimated home value on a monthly basis if you aren't selling in the near future. It will go down, it will go up, who cares. 5, 10, 15 years from now, you'll see nice appreciation. If a more prolonged recession comes anyways, rates will tank and people with large cash deposits will pounce on the homes. Frankly, a recession could be a net positive if you are on the sidelines with cash.[/quote] Exactly this. We’re at a point where we rely on bogus algorithms on Zillow than actually checking for actual values. [/quote]
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