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.
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About rereno

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

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