The impact of the mortgage settlement and financial tectonic plates shifting.

"Analyzing the recent mortgage settlement shows reveals the real bad state of the housing market. For example, the final figure for the settlement is $25 billion. But in the latest report we find that nationwide, negative equity is over $700 billion. How far will the settlement go? In fact, items like increasing short sales and reducing principal by default will make prices lower. That is why today, we are at a post-bubble low in price and home sales are still tepid"