More mortgage payments late, more foreclosures... what do you think?


Question:
it doesn't look good if you ask me...

http://news.yahoo.com/s/nm/20061213/bs_n...

Answer:
Get a new idenity and start over.
It's not good, but it is normal. The housing boom couldn't last forever, just like low interest rates won't last forever. This is the market adjusting itself.completely normal.
More houses on the market...
I think the "Bush economy" is not doing as well as the conservatives tell you it is doing.
rats you need to post this on one of the question I answered earlier. How Bush was the greatest president ever.
Not surprised. No it doesn't. And the democrats aren't at the helm yet.
Pop! goes the housing market.
Yes, the market is certainly changing. With these ARM rates increasing an exotic loans coming due the foreclosure rate is increasing.

Now's the time to invest in foreclosures though.

Take advantage of the burst.
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