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Top Eight UnderPriced Single-Family-Home Markets

Top Eight UnderPriced Single Family Home MarketsWhen the home bubble burst, mortgage sales collapsed, both loan origination and into the secondary market.  The sleight hand in marketing mortgage backed securities was immediately exposed, challenging the price of homes and real demand.  Then the recession ensued, causing demand to dry up and driving down the price of homes in many local markets.  A great number of those markets reset back to pre-boom levels, while others recoiled to well below the levels that local economies and incomes could technically support.  Most of these markets are off bottom, but have not returned to their “normal” state.

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