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Is the Real Estate Market Finally Getting Back to Normal?

Is the Real Estate Market Finally Getting Back to Normal?

The real estate market has been absolutely crazy since the beginning of 2009. Since that time period, values of homes have absolutely skyrocketed and have left many people very happy. Depending on where you live, or where you have property, you felt this boom more so than others. Places like New York and San Francisco have boomed and it looks as if it is only continuing to rise. Now, the market seems to be stabilizing a bit across the world.

Key Takeaways:

  • Every since the down turn of the market over a decade ago, the house prices have been rising.
  • Many people are looking to sell their properties only because the market is so ripe at the moment.
  • As time has gone on, there are indicators that suggest that the market is going to return to more normal levels.

“Prices won’t appreciate at the levels we’ve seen recently, nor will they depreciate. It will be a balanced market where prices remain steady, where buyers will be better able to afford a home, and where sellers will more easily be able to move-up or move-down to a home that better suits their current lifestyles.”

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