Friday, September 10, 2010

Ever Increasing Foreclosures Mean Low House Prices for Many More Years

April 20, 2010 by Editor · Leave a Comment 

Anyone who sees a rising pool of millions of delinquent mortgages as the foundation of a recovery in housing valuations isn’t considering the feedback loop which is now firmly in place. The foreclosure pipeline will be full for years to come precluding any “recovery” in housing valuations as supply will swamp demand. Words: 385




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