home prices

what do you guys think of the recent boom and bust with home prices? how bad has it affected your guys area? Ive seen some crappy homes
in crappy neighborhoods spike up two times in value about a year or so ago…

This really is a case of regional trends, rather than national (let alone international) ones. In the area where my wife and I currently live, for example, housing prices have steadily increased over the last eight years and are now approximately 70% higher.