Quote:
Originally Posted by wereback
After the storm and the lack of damage here my guess is we will become even more of a place to live. My guess is houses will have another surge in prices like we have never seen before.
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With interest rates skyrocketing to probably 8 % by year end and stock portfolios plunging
I doubt very much you will see home values surge here. Just the opposite .
Those who bought on the top of the bubble will feel some pain as house values will drop,
Still a nice place to live but the housing bubble is bursting here ..