As fast as it came it seems it will go away just as fast. Housing boom is over. For some it means they will have to hold on to their homes longer than expected or sell for a lower price. For others it will mean a financial hardship. Check out the audio story from NPR.
The real estate market has made a surprisingly quick downturn in some parts of the country. The change in direction has left many homeowners holding property they can’t sell at the price they would like, or need, to get.
NPR : Speed of Housing Downturn Surprises Homeowners
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