Is the housing boom over?

[armthelaser]

My fiancee and I just bought a house yesterday for a little under 200k. They wanted 214,900 for it. We went 100% finance. I would say it is definitley a buyers market. 1900 fin sq ft, 3 bedroom, 2 non conforming bedrooms and 2 baths. It's a corner lot so we expect property taxes to be 2500-3000. It's in Brooklyn Park and the houses around there are going for 225k plus. Nice starter home for us anyway.