Well no doubt things have slowed down, but that last boom really altered people's perception. I put my house on the market yesterday, and it's only been shown 3 times and I'm almost inclined to think WTF these things are supposed to sell like hot cakes and I should have multiple offers!
Reality is that in a traditional economy when things are strong a house still takes 30 days to sell and usually goes for less than list price. People shouldn't be able to take to any commercial strip and have 5 job offers in 20 minutes. The growth won't be as strong, but it's still going to be strong growth. Plus the government needs a bit of a slow down to get construction rates a bit more inline so they can build a few things that are now neccessarry due to this last boom.
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Patriots QB Tom Brady
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