Housing Markets Still Facing Downward Pressure

Here is a Business Insider story naming 10 US housing markets that are at risk of a major collapse.
Las Vegas is one of the cities and Case Schiller predicts a 21% decline in value from 2010 to 2012.
6.7 million delinquent mortgages are waiting to flood the market around the country — and with near-zero cure rates most of them will. Another 2 million homes in foreclosure are being held off the market by banks.
Read the story here.

About rereno

Real estate investor
This entry was posted in Economy, Foreclosure, Real Estate and tagged , , . Bookmark the permalink.

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