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First Time Buyers: Bright Side of Slumping Real Estate Prices
Expert Author: Debra Gould | Category: Real Estate Investing
Part of the reason for the current foreclosure situation is that people were buying homes they just couldn’t afford. This was due in no small part to the fact that home prices were increasing at unprecedented rates, and salaries could in no way keep up with these inflated prices. If the real estate market becomes more realistically priced, is that really a bad thing?
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