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Depends on the region and even micro region. Things slowed a bit in Boston metro during 2007-2009, but by no means crashed or even came close-there were buys if you looked hard enough and were willing to do some reno work. I may be wrong, but I think the extreme coasts have always been isolated from major RE crashes. Prices have gone up 6-8% every year since 2009, and I don't see that turning around anytime soon. Good time to sell (and relocate to a much lower cost market) horrible time to buy.
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