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Housing Market in 2010-11
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Housing Market in 2010-11
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Posted by 101livescan on 11/27/09 9:07am
Msg #312316

Housing Market in 2010-11

Check it out....we're in for a rough ride for at least two more years. There will be a blood bath of foreclosures. Many people were signing up for the five year arms that come due next year and haven't been able to refi under all the new underwriting guidelines.

http://investment-blog.net/wp-content/plugins/wordpress-toolbar/toolbar.php?wp-toolbar-tourl=http://www.cnbc.com/id/34018204&wp-toolbar-fromurl=http://investment-blog.net/housing-market-2010-and-possibly-2011-is-not-going-to-be-pretty/&wp-toolbar-fromtitle=Housing%20market:%202010%20and%20possibly%202011%20is%20not%20going%20to%20be%20pretty.&wp-toolbar-blogurl=http://investment-blog.net&wp-toolbar-blogtitle=InvestmentWatch

Reply by PJM/MI on 11/27/09 3:10pm
Msg #312345

And alot of those "Wonderful" loan mods ALSO adjust in 5 -10 yrs.
I just don't see an end to this mess, do you?


 
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