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I lived in NY for past 8 years and if I'll take in consideration my wife was a real estate agent I can say that I have enough knowledge about this subject. As everyone knows NY, California and Florida were the hottest markets on the US in the past five years in real estate. Not anymore, the prices and living cost went over the hill on those three states, layoffs, company relocation, treats, major hurricanes and earthquakes makes a lot of people to reconsider to stay on those areas or move to much stable and quiet places. I was in the same boat and I did the move down to North Carolina. It is a big difference as a living cost and housing prices. You could effort more for less money, and the real estate market starts getting hot. I've seen lot of people moving from CA, NY or Fl for the reason that I mention and I see everyday how the house it starts appreciate. I am very confident that NC and few other states on midland US will became very hot for real estate in the next 3-5 years. Just keep on eye open on NC, Arizona, Nevada, and Texas. When I moved here last year you could it get a very nice house for about $200000. Now the same houses or alike are $245000 - 265000. Judge yourself how the real estate is moving here.
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