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In an ultra-rare interview last week, U.S. hedge fund heavyweight John Paulson - a legend after turning"the Big Short" of the U.S. housing market into "The Greatest Trade Ever" back in 2006 - stunned folks by saying he was "long" housing.
In fact, Paulson said we're only about a year or so into a U.S. housing market rebound that could last from four to seven years.
In yesterday's Private Briefing, I shared some insights from a real-estate expert and career-long source of mine named Geoffrey R. Close, who said that the residential real estate market here in the Baltimore-Washington region is very healthy.
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