Anyone who has ever mentioned “real estate” at a social or professional gathering no doubt has heard the inevitable question that seems to be on everyone’s mind: “When is the housing market going to crash?” It’s a loaded question, and one that’s of course impossible to answer since the future is unknowable. Yet the question affords a golden opportunity for real estate professionals to educate homeowners and the public about how the housing markets work and what the statistics and current trends are.

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