Still a Buyers Market Thanks to Foreclosures
The situation in the housing market is indeed grim. There is the enduring problem with the large inventory of foreclosure homes which creates instability in the market, driving home prices down and making many underwater on their mortgages. Of course, there is also the plight of millions of distressed borrowers who are trying their best to stay in their
Source: Foreclosure Connections Blog Articles And Foreclosure Information
I see topics like this and I wonder if they realize that it is just a buyer's market for the rich and nothing more because only the rich will be able to still buy a home when everyone else is in an economical depressed state.
International Level: Politics 101 / Political Participation: 5 0.5%