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  1. No comment on THE story saying sales volume is up 45 percent in Sacramento — and all foreclosures — but that more foreclosures are coming down the pike, employment is sky high, and prices will probably stay flat for years?

    Kinda sums everything up, don’t you think?

    I especially love the part about how flippers are back to their old tricks, only now they’re buying up foreclosures. I saw three houses in Bed Stuy this weekend and they were all being rehabbed by “investors.” Their idea of rehabbing was to throw up sheetrock everywhere and make ten tiny rooms out of four. It was tragic.