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Home prices in South Florida "easily" could be 20 percent to 30 percent higher by 2013, the chief economist for the National Association of Realtors said Thursday.
Apparently Realtors still haven't figured out that they should be honest.
I'm not sure about 30%, but maybe 10%, people will go through fantasy land when Obama gets elected (similar to the first Bush term and Clintons), and start to spend money again. Key is to buy smart so no matter what happens to the market, you'll come out ahead.
It must be good for them to dream... perhaps now that it is going up to 20-30% ... I guess everybody should go buy one of those "dirt" cheap homes now... yeah, nice try.... hahahahaha.... but there is a sucker born every minute... its just not going to be me...
Of course realtors would say that, whether it's true or not they are trying to stimulate business - just hoping someone will jump on it and the phone will ring! All the doom and gloom is hurting business!
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