Can real estate still be fun?

Real estate just isn't fun any more. Or is it?

Remember the good old days when home sales were off the charts? Prices were cut from their kite-strings? Open houses were packed with people -- or even cancelled because the sellers had received multiple better-than-asking offers the first day on the market? Remember when appraisals were higher than sale prices and mortgages were given out like candy on Halloween? Remember when buyers were exuberant, and sellers were ecstatic?

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