If you think the decline in home prices is bad now, just wait.
Two reports out his week show the once high-flying housing market is quickly losing altitude and that prices are likely to head still lower.
Premium Link Upgrade
I don't have a link but ABC World News had a story about the stock market's drop of 280 points today and said it was due to;
-Home prices are dropping
-The mortgage lender fiasco, (1.7 million more foreclosures by 12/08)
-The last Fed. meeting minutes were released revealing the Fed. knows the economy is in worse shape than publicly stated.
We at Freeone's knew all of that and have been talking about it for weeks! So what's new? :jester:
Two reports out his week show the once high-flying housing market is quickly losing altitude and that prices are likely to head still lower.
Premium Link Upgrade
I don't have a link but ABC World News had a story about the stock market's drop of 280 points today and said it was due to;
-Home prices are dropping
-The mortgage lender fiasco, (1.7 million more foreclosures by 12/08)
-The last Fed. meeting minutes were released revealing the Fed. knows the economy is in worse shape than publicly stated.
We at Freeone's knew all of that and have been talking about it for weeks! So what's new? :jester:
