Is the housing boom over?

[JET]

I think the boom is close to being over, but I don't think the market will head down too much. Instead of the double digit increases I think we will get down to the 8-9% range. It isn't healthy for the market to go up that fast anyway. Hopefully the home builders aren't planning on cranking out even more. That could send the market down farther.

Location is huge in the twin cities. When I move I am going to try to buy one of the first lots in a new development, usually they will give them to you cheap if you buy one of the first ones to recoup some of their costs.