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One’s judgment of the real estate market is partly a matter of grammatical tense. Focus on the fact that house prices “are falling,” and it’s a bad time to buy. Focus on the fact that prices “have fallen,” and it’s a good time — or, at least, a better time than when those prices were higher. A new Gallup poll indicates people are wavering between those two perspectives.
When asked whether it’s now a good or a bad time to buy a house, a majority (53 percent) said it’s a good time.
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