Real estate blog entries tagged with kandola mortgage by kandola mortgage services

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Home : Blogs : raman kandola : raman kandola's Blog : Tag "kandola mortgage"

kandola mortgage: orange county foreclosure" "blood bath" - 09/02/07 03:41 PM

Is the term "blood bath" over-used and lost its impact? "It's a blood bath," said a VP at PIMCO about the
current market conditions. Yes, rates have crept up. Yes, property values have gone down in some over-inflated,
speculative areas of the nation, and the national median home price may have its first annual decline since the
1930's. Yes, some portions of the economy are slower than others: confidence among homebuilders fell in June
to the lowest since February 1991, according to the National Association of Home Builders/Wells Fargo index. But
overall consumer confidence is stable, rates are still low by … (2 comments)

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