Relevant:
- 7 charts showing a 10 to 15 percent decline in home prices for U.S. housing in 2011
- Spring 2011 Guide of 30 Key Charts to See Before You Buy or Sell Your Home
- Housing Bubble? Here's why I dumped my last US property
- Housing entering troubling waters. Nationwide economic and housing data points to challenges ahead. 5 charts showing a difficult second half of 2010
- HD’s Housing Scorecard For Obama
2010-05-12 — doctorhousingbubble.com
This is a pretty devastating set of charts and arguments that forms a formidable response to the FHA's recent assertion that the market is "stabilizing". All we have seen is basically a pause in the decline of prices thanks to the government throwing trillions at the problem. Not much bang for the buck... and not sustainable.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments:
mortgagemess at 18:58 2010-05-13 said:
I believe this is true and many of the lenders/servicers are starting to realize it as well... Especially when you see servicers like One West Bank Indymac now creating a "streamline" way of doing loan modifications. This from a bank that foreclosured faster than the blink of an eye and has more bad press than Hilton OJ and Tiger put together... Permalinkadd a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
