http://inflation.us/
After doing research on Loan Modification Default Rates and Shadow Inventory Rates i am in shock. This is very serious people. I feel very bad for all the responsible people…
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Coming, Defaults, Estate, Massive, Real, Reductions
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#1 by bitchcreekz1 on October 14th, 2009
george is a fed–check out how many vids he has watched–his computer is on a mainframe
#2 by theroilsoil on October 14th, 2009
Right on George.We ain’t seen anything yet, but I agree with you about defaults on a biblical scale.real estate should never have become speculative . . . this is truelly apocolyptic.
#3 by jimmyd3277 on October 14th, 2009
No body is buying home in AZalot of ppl leave az those new house for illegal immigrant are all emptyeven if they stay here they cant even afford their food how can they pay for their rent
#4 by jimmyd3277 on October 14th, 2009
Amen
#5 by TheAMERICANTYRANNY on October 14th, 2009
Kansas City Missouri is also high in foreclosures, jobs are almost non exsistent for the common workers that pays enough to live on,, this country is in deep trouble – I knew this would happen back in 2005 !
#6 by goodagofilms on October 14th, 2009
America turned into a communist /socialist state through the banking system. Well done America land of the kept. To big to fail. when the life style starts to fade, with all those guns theirs going to be rivers of blood.
#7 by drudometkin on October 14th, 2009
I don’t think it will collapse much more. The banks will just hold inventory back to control the market.
#8 by mwng3000hotmail on October 14th, 2009
Amen to strategic defaulting! Cheers!
#9 by Komelotstar on October 14th, 2009
You are right crises is not over. But wise investor can make money in any industry. More difficult market is more money opportunities there.
#10 by noncompliant2 on October 14th, 2009
I live in an apartment being forclosed on by some one in California. I live in Idaho, the forclosures that happen over there hurt us here as well.