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Give it another 2 yrs to see it DUMP. People hang on like rats in a lifeboat to their houses- it's all they have. The bust will become more evident once the Gov't. opens up the books and tells us how much we are in the red, for real....not how much the Bush admin. has been telling us we are down. All the money the gov't. has spent is borrowd money. And paying the interest alone will be a serious drag in a few years. By the 2008 election, you will be able to pick up quite a few houses T.O.P., no down, no qualifier. The banks will have to dump them when the forclosure rate gets too high. Just like 1989-1991. But even worse.
 

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It's started to level out. The biggest factor is the local economy and job availability. Places like N.VA aren't going to fall off very quick because there are lot's of 6 figure jobs.
 
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