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Originally Posted by Mike Oxlong
The market might stabalize in a few years and prices won't be rising this quickly but there is no Iway they are going to drop down to 2002 or 2003 levels again.
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Well that is not a certainty. There is a possibility this could happen. It may not drop to drastic levels, but there is no guarantee that the market will not dip at all. Maybe not to an MLS of $170,000, but I can see it being around $240k to $250, when this hot streak ends, as it will.