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Williamsburg Real Estate All The Rage

Despite protests by Hasidic Jews?and purist hipster types?real estate prices in Williamsburg continue their inexorable climb. They're up 19% in the past year, for an average sale price of $327,533. Continuing at that rate of appreciation (cuz real estate prices only go up, right?), they'll cross the $1 million average threshold in late 2011. Cue the apocalypse!
· Williamsburg Real Estate Going Through the Roof [NYPost]