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Real Estate
Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous]The problem is that number of offers are now less but prices are still high. [/quote] But honestly, as the seller, you really only need 2 offers. When you got 5+ offers on a house, its usually pretty easy to quickly discard 3 right away. But basically, the bubble isn't popping, because this isn't a bubble. People expecting home prices to plummet will just be priced out in the long run. The market may slow, and prices may stabilize/plateau, and eventually, standard things like appraisal and inspection contingencies will return. But there will not a big big 'POP' [/quote]
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