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Yes. America’s Housing Market Is Officially Over-Heating Everywhere. How Long Will It Last? (www.forbes.com)

As recently as just a few years ago, it used to be that the hardest part about buying a house for most people was the financial colonoscopy of getting approved for a mortgage.

Now, that’s the least of buyers’ worries. In virtually every American city right now, many single-family homes hitting the market are selling in bidding wars and the buyer with the most cash who closes fastest wins.


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