[quote=waiting for bottom]This is very close to the type of house I will buy in 2010 or 2011. Any thoughts on future value? I am hoping for $800-$850 which seems in the bag.
I am too optimistic or does anyone else see a home like this for $800K in 2-3 years?
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Not too optimistic at all. I’m guessing you’ll see similar homes for $800-850k in fall/winter of 2009. I wouldn’t buy it for that either, because you may see it less than $700k by 2011-12.
