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subprime: About the Foreclosure Crisis - 01/22/08 04:39 PM
There has been a lot of recent news coverage about the "foreclosure crisis" that we are all experiencing. According to the news, our economy is suffering terribly due to recent foreclosures--especially in the sub-prime market. I would like to set that record straight. Have I mentioned before that real estate is local? That is still true. When the media reports the story about foreclosures, they never seem to do so on a local level. They only look at areas that are currently suffering, and then they act as if that news applies to everyone.
 Recently, Chief Economist Doug Duncan of the … (0 comments)

 

Robert Scroggs

Grand Prairie, TX

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CENTURY 21 Judge Fite Company

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