My home is in Littleton, CO -- a standard 3 br 2 bath jobbie in the burbs. I keep hearing about a pending real estate (and then maybe economy) crash. How likely is this? If there is such a crash, does that simply mean my home would be 1/2 its value? If no crash, I expect interest rates will go up and therefore bring home prices down. How much of a change are we talking?
I realize nobody knows this for sure, but are there any experts or people with experience out there who have an opinion backed up with some facts/stats?