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Gross: Bubble hangover could hit within 3 to 6 months

According to Newport Beach, Calif.-based PIMCO's Bill Gross, the party of rapid home price appreciation should come to a fizzle within the next three-to-six months.

"Make no mistake about it, the froth in the U.S. housing market is about to lose its effervescence; the bubble is about to become...

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